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17 Sep 2009, 12:44 pm
I had to work with the Mayor and the Board of Finances to keep the IRS Division Chief and their assigned Revenue Officer at bay. [read post]
16 Sep 2009, 9:29 am
InvestmentNews is reporting that the New York Attorney General's office subpoenaed five members of BofA's board of directors as part of an investigation into the bank's acquisition of Merrill Lynch & Co.According to the article, the board members are expected to be questioned about what they knew regarding the mounting losses and bonus payments at Merrill ahead of the deal's completion on Jan. 1. [read post]
16 Sep 2009, 8:55 am
I also really like footnote seven:Quite coincidentally, the following appeared in a recent article about an erring teacher: "Without discussion, board members suspended [her] without payTuesday - an effective termination . . . . [read post]
16 Sep 2009, 7:37 am
It is much more likely that the decision to lie to the shareholders was made by BAC Chairman Ken Lewis and his underlings, in concert with members of the BAC Board of Directors, Fed Chairman Benjamin Bernanke, and then Treasury Secretary Hank Paulson. [read post]
16 Sep 2009, 4:18 am
We came back very early [Sunday] morning to prepare for what was going to be a Lehman board of directors meeting at noon. [read post]
15 Sep 2009, 10:00 pm
At the request of the Chair of the Appointments Committee, I am updating and republishing this note on teaching at UM. [read post]
14 Sep 2009, 4:45 pm by Adam Levitin
Judge Jed Rakoff nixed Bank of America's settlement with the SEC. [read post]
12 Sep 2009, 2:29 pm
The bill, received in the Senate Aug. 3, has been referred to the Senate Committee on Banking, Housing, and Urban Affairs. [read post]
8 Sep 2009, 6:23 am
At a meeting of the Board of Directors of the FDIC on August 26, 2009, the FDIC adopted a Final Statement of Policy on Qualifications for Failed Bank Acquisitions. [read post]
8 Sep 2009, 1:04 am
Ethics Board member Judith Lenthall raised a similar point regarding her position as executive director of the Kauai Food Bank which, according to this GI piece last May, "received an additional $20,000 between Carvalho's original budget and the supplemental. [read post]
5 Sep 2009, 8:00 am
Kirby Professor of Investment Banking Duke University Fuqua School of Business William J. [read post]
4 Sep 2009, 11:08 am
As a result of new agreements signed by our owners and lenders, we will once again become an independent, standalone company, with our own management, board of directors and financing, operating under the ALM brand. [read post]
4 Sep 2009, 7:30 am by RiskMetrics Group Blog Team
*Directors and officers should not be completely sheltered from the risk incurred … For members of the managing board of stock-listed companies, the supervisory board should have the means even to reduce the compensation in case of deterioration of the performance of the bank. [read post]
4 Sep 2009, 7:11 am
Here's an update from, Katrina Stierholz, Director of Library and Research Information Services at the Federal Reserve Bank of St. [read post]
3 Sep 2009, 5:06 am by R. Grace Rodriguez, Esq.
Senate Bill No. 306CHAPTER 43An act to amend Sections 2923.5, 2923.6, 2924.8, and 2924f of, and toamend, repeal, and add Section 2943 of, the Civil Code, and to amendSection 17312 of the Financial Code, relating to real property transactions. [read post]
30 Aug 2009, 10:55 am
  Shareholder primacy is a difficult fit, as it contemplates a non-conflicted shareholder electorate that minimizes the special interest director problem, a wash-board which TARP ownership obviously complicates. [read post]
29 Aug 2009, 2:29 pm
The elimination of the segregated account also had theunintended consequence of subjecting the preneed cemetery merchandise sales to the jurisdiction of the Missouri State Board of Embalmers and Funeral Directors. [read post]
27 Aug 2009, 1:40 pm
" Richard Masten, the executive director of Crime Stoppers said the charges were sickening. [read post]