Entries tagged "government"

MPs turn up pressure to block Nortel sale

Canadian government opponents of Nortel's wireless assets sale to Ericsson start pulling out the stops to block the deal.

TARP watchdog predicts shock and awe

Neil Barofsky is predicting a worst-case scenario of a $23.7 trillion bill if the government ends up having to make good on all its bailouts.

Canadian gov't backs Tandem Expansion Fund

Responding to the so-called crisis in the Canadian VC industry, the federally owned Business Development Bank of Canada is committing $67.5 million to the new Tandem Expansion Fund.

Hiring: Bankers apply to be Jack Bauer?

Around 500 former Wall Street employees showed up at a federal job fair to apply for positions in 13 government agencies including the FBI and CIA.

FTC's Wales to leave next month

David Wales, acting director of the Federal Trade Commission's competition bureau, will leave the FTC in May.

Political support for Suncor-PetroCan

Canada's two main political parties will support Suncor Energy Inc.'s purchase of Petro-Canada Ltd. -- an important factor in the deal given the target's history.

AIG employees flee or go into hiding

There are growing reports that 463 AIG executives along with other employees are being harassed by neighbors to return the $165 million in bonuses awarded.

Testing day for Chinese capitalism

Politically charged deals in China and Australia suffer setbacks.

AIG gets $30B in life support

American International Group, Inc. (NYSE: AIG) will get as much as $30 billion more from the U.S. government in a revised bailout after posting a record breaking fourth-quarter loss.

Video: Saybrook's Rosenthal on government bailouts

Saybrook Capital's Rosenthal offered his opinions of the government's recent investments in the auto industry, banking industry and in American International Group.

M&A Outlook 2009: Blue Wolf's Blumenthal on regulation

At The Deal's M&A Outlook 2009 conference, Adam Blumenthal, a portfolio manager at Blue Wolf Capital Management LLC, said he believes that the government has to question everything as it alters the regulatory structure of financial institutions because it is reacting to the economic crisis. "We can expect a level of volatility of government reactions that mirrors the volatility in the financial markets," he said. See the video after the break or download it on iTunes. - Maria Woehr ...

Roll Call: A quadrillion dollars of debt!

The National Debt Clock in Time Square has run out of numbers. The sign has been around since 1989. In September, the digital dollar sign was eliminated to make way for the"1" in $10 trillion. A new clock is in the works that will make room for a quadrillion dollars of debt, according to the AP.- Maria Woehr Get the National Debt Clock widget and many other great free widgets at Widgetbox!...

Top tags

• M&A (1067)
• bankruptcy (543)
• private equity (519)
• politics (396)
• credit crisis (361)
• banks (353)
• Bank of America (349)
• banking (333)
• Citigroup (318)
• layoffs (312)