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Wednesday, September 30, 2009

Experian's Don Robert expects bank takeovers and more rules


Don Robert, chief executive of Experian, is surprised by the very public understanding of the link between bonds and retail credit...

Source: www.telegraph.co.uk

Tuesday, September 29, 2009

Deep Within Citi, the Death of Salomon


We have bid goodbye to Bear Stearns, Lehman Brothers and Merrill Lynch. Today it is time to offer a final farewell to a hidden Wall Street institution at the center of the financial crisis: Salomon Brothers.

Source: www.wsj.com

Saturday, September 26, 2009

Jailed Texas billionaire hospitalized after fight


A U.S. Marshals Service spokesman says jailed Texas billionaire R. Allen Stanford is being treated at a hospital after being injured during a fight with another inmate...

http://apnews.myway.com

Friday, September 25, 2009

Small Businesses See U.S. Economy Improving


- Many U.S. small businesses are optimistic about growth and see the economy improving in three to six months, according to a survey released on Friday...

www.abcnews.go.com

Monday, September 21, 2009

M&A Boom Signaled for S&P 500 Index on Record Cash

By Alexis Xydias..

Never before have U.S. companies piled up cash faster compared with interest costs than they are now..

source: www.bloomberg.com