Entries tagged "Pimco"

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On investors and the banks

Trying to view a key systemic sector like banking through the lens of investors can be dangerously deceptive. But it also cannot be denied that that's how we've operated for many decades. To pretend otherwise is also to make a large mistake. Continue reading

Posted on August 30, 2011 1:26 PM

Kashkari says jobless rate could've hit 25%

Pimco managing director Neel Kaskari, the assistant secretary of the Treasury to Henry Paulson during the meltdown, Kaskari said on CNBC Monday morning: "I think unemployment would have been 25% or higher without TARP (Troubled Asset Relief Program)." Continue reading

Posted on April 26, 2010 12:51 PM

Movers & shakers: March 17, 2009

New York's Evercore Partners Inc. created a joint venture with Citic Securities International Co. Ltd., launching Citic Securities International Partners Ltd. The firm will focus on cross-border mergers and acquisitions advisory and investment management, sourcing deals between China and other international markets. CSIP will also manage a $500 million China-focused private equity business. Continue reading

Posted on March 17, 2009 12:00 AM

Movers & shakers: Sept. 8, 2008

Wachovia Securities LLC hired former Bear Stearns Cos. executive Craig Overlander as a managing director and global head of fixed income, effective Sept. 15. Overlander... Continue reading

Posted on September 8, 2008 12:00 AM

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