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Barclays Wins Dismissal Of Toxic Asset Dump Lawsuit

Chemical Waste Barrels

The New York Supreme Court has approval the dismissal of a lawsuit brought by French asset manager Oddo Asset Management against Barclays, which claimed that the UK bank 'allegedly dumped hundreds of millions of toxic mortgage assets on to unsuspecting investors' on the eve of the financial crisis.

EU Chief Wants More Curbs On US Banker Bonuses

Money Down the Toilet

Michel Barnier, the member of the European Commission responsible for Internal Market and Services, spoke at the Brookings Institute in Washington last week on the eurozone crisis, financial reform, Basel, accounting standards, managing failed banks, and banker bonuses.

Goldman Scrutiny Is Not Ending 'Anytime Soon'

William Cohen Intrview Still

William Cohan, author of 'Money and Power: How Goldman Sachs Came to Rule the World' and a Bloomberg View columnist, discusses a report that the Manhattan District Attorney's office subpoenaed Goldman Sachs Group Inc. for information on the firm's activities leading into the credit crisis.

Morgan Stanley - The 'Hip' IPO King


So, Morgan Stanley is the lead name on the prospectus for the Groupon IPO, hot on the heels of its successes bagging pole position on Pandora Media's forthcoming float and Linkedin's recent IPO, both considered 'hot and hip' deals.

Goldman Said To Get Subpoena From NY Prosecutor

Christine Harper Interview Still

Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, received a subpoena from the Manhattan District Attorney’s office seeking information on the firm’s activities leading into the credit crisis, according to two people familiar with the matter.