Receiving Wide Coverage ...
Bad News Banks: About one of every three banks
Eurozone finance ministers agreed to release their share of an 8 billion Euro loan to Greece and strengthened the European Financial Stability Facility. The Journal reported that while the ministers expanded the fund, they "acknowledged it would have less capacity to help troubled nations than once hoped, and suggested future efforts to resolve the worsening crisis would depend on the European Central Bank and the International Monetary Fund coming to their aid."
Wall Street Journal
While he may not have gone as far as "defriending" Wall Street, Facebook finance chief David Ebersman has said he
Goldman Sachs has raised $600 million from clients to invest in start-up hedge funds, a less risky strategy than investing in its own hedge funds — though
U.S. District Judge Jed S. Rakoff's rejection of the SEC's $285 million settlement with Citigroup prodded SEC Chair Mary Schapiro to write Congress asking for
An investigation of the collapsed MF Global has so far left regulators "
New York Times
The paper looks at the
Securities and investment firms, who appreciated his "command of arcane areas of finance," contributed heavily to Rep. Barney Frank's campaign. Now that he has decided to not seek re-election,
John A, Paulson has
Whose ticket is it anyway? Timothy C. Davidson, Brandon E. Lacoff and Gregory H. Skidmore, executives at Greewich-based Belpointe Asset Management, turned in a Powerball lottery ticket worth $254.2 million. But rumors say the men are not the true winners and that they are