Goldman Sachs' Lloyd Blankfein thinks the vilification of him is unfair, according to Jessica Pressler from New York Magazine, who takes a look ...
Here's the letter George Soros's Quantum Group of Funds sent to investors this week advising them that the Soris Fund Management will be closed to outside investors, and that capital will be returned 'over the coming months'.
Here's a selection interesting links to Bloomberg, New York Times and Reuters stories that are doing the rounds today.
Swiss newspaper Neue Zuercher Zeitung reported Tuesday that Credit Suisse is likely to announce that it is cutting up to 2,000 jobs when its posts its Q2 earnings Thursday.
Our Lloyd was born on 20th September (in 1954 for those who care about such things).
Washington, DC - The U.S. Commodity Futures Trading Commission (CFTC) has issued an order filing and simultaneously settling charges that Christopher Louis Pia of North Castle, N.Y., while employed as portfolio manager for Moore Capital Management, LLC (Moore Capital), attempted to manipulate the settlement prices of palladium and platinum futures contracts on the New York Mercantile Exchange (NYMEX).
Another day, another round of cost cutting.
Deutsche Bank's Supervisory Board met on Monday and decided on a new leadership for the Bank:
Here are some interesting links to Bloomberg, Fox Business Network, New York magazine, Reuters and New York Post articles.
Sad to report the body of missing investment banker Brad Griffiths was found Saturday, five days after his boat was discovered circling in Lake Joseph, Ontario, Canada.
Ronald Read, a Vermont gas station attendant and janitor, invested in recognizable names when he amassed an $8 million fortune, his attorney said.
UBS, the biggest Swiss bank, doubled its full-year dividend to mark its biggest payout since the credit crisis Tuesday, but warned the Swiss franc's strength could hit future profits.