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15 Sep 2008, 4:15 am by Doug Cornelius
According to the New York Times, interested buyers wanted the federal backstop that was put into place for JP Morgan Chase purchase of Bear Stearns: 2 Wall St. [read post]
15 Sep 2008, 4:15 am by Doug Cornelius
According to the New York Times, interested buyers wanted the federal backstop that was put into place for JP Morgan Chase purchase of Bear Stearns: 2 Wall St. [read post]
9 Sep 2008, 2:20 am
The lawsuit names as defendants Morgan Stanley, Bank of New York Mellon Corp., two units of the Moody's rating agency, and Standard & Poor's. [read post]
8 Sep 2008, 1:16 pm
Here’s the WSJ report, and here’s how the plan will go down: The Treasury will acquire $1 billion of preferred shares in each company without providing immediate cash, and has pledged to provide as much as $200 billion to the companies as they cope with heavy losses on mortgage defaults. [read post]
8 Sep 2008, 1:10 pm
  The subpoenas were issued roughly a month after Attorney General Cuomo's office indicated that it would step-up its probe of auction rate securities marketed, sold and/or issued by Bank of America (along with numerous other financial institutions) and a few weeks after UBS agreed to settle a lawsuit filed by the New York Attorney General's office concerning the same.In recent months, Morgan Stanley & Company, Merrill Lynch and UBS have entered into… [read post]
29 Aug 2008, 9:14 pm
Merrill Lynch, Citigroup, Goldman Sachs, Wachovia, Morgan Stanley, Deutsche Bank and UBS have agreed to buy- back auction-rate securities bought by individuals, charities or companies with accounts of less than $10 million. [read post]
25 Aug 2008, 3:54 pm
  “We have acted as financial advisor to the Company in connection with this transaction.... [read post]
22 Aug 2008, 7:35 pm
Image via Wikipedia JP Morgan recently announced that it is the first major financial institution to enable insurance companies to use prepaid debit cards to deliver workers compensation benefits to injured workers. [read post]
21 Aug 2008, 1:29 pm
Massachusetts Attorney General Martha Coakley recently announced a settlement with Morgan Stanley & Company (“Morgan Stanley”) to resolve allegations that Morgan Stanley sold high risk auction rate securities (ARS) to Massachusetts municipalities and presented the securities as safe investments.Under the settlement, Morgan Stanley will identify and repay the Massachusetts towns and cities that invested in auction rate… [read post]
20 Aug 2008, 10:31 pm
JP Morgan Chase Bank    Eastern District of Michigan at Detroit 08a0285p.06 2008/08/11 Timothy Landis v. [read post]
20 Aug 2008, 10:03 am
Huseyin Tuncel and Andrew Susi, owned and operated the Defendant Medical Corporations in name only, when in fact they were secretly owned and operated by layperson Richard Weinstein through defendant management companies Richard's Medical Management Corp. and Weinstein Healthcare Management, Inc. in violation of New York law requiring medical corporations to be owned by licensed physicians. [read post]
20 Aug 2008, 8:41 am
Seriously, there is something strange about lumping stocks in candy companies with stocks in tobacco and liquor companies. [read post]
18 Aug 2008, 5:41 pm
Indeed, the most profitable company in America has most of its connections well down the "prestige" list, and Wachtell actively focuses on single-transaction representation. [read post]
16 Aug 2008, 7:04 am
yonat.shimron@newsobserver. com; (919) 829-4891 © Copyright 2008, The News & Observer Publishing Company A subsidiary of The McClatchy Company [read post]
15 Aug 2008, 6:31 pm
Ian Norris (former chief executive of Morgan Crucible) can be extradited to the US to face obstruction of justice charges. [read post]
14 Aug 2008, 7:02 pm
Ian Norris (former chief executive of Morgan Crucible) can be extradited to the US to face obstruction of justice charges. [read post]