Page 2560 


Who You'd Like To Entertain You - The Results

We heard a lot about artists like The Rolling Stones, Kylie Minogue, Rod Stewart and others being hired by firms (or bankers) to strut their stuff at private functions. So we wanted to find out who you, given the choice, would like your firm to bag to entertain you.

Is This Guy The Unluckiest Banker Alive ?

Michael Berger is now 35. Charged, and pleading guilty to fraud, in the US in 2000, he went on the run in 2002 before he was sentenced. He has now been apprehended in Austria, where he was born, and US authorities are trying to get him back to send him away for up to 10 years in clink.

Jamie Dimon Says Dirty Short Sellers Should Be Locked Up

Reuters reports that JPMorgan Chase CEO Jamie Dimon was in fine form on PBS Monday. Dimon said that US regulators should launch an investigation to ascertain whether short sellers of Bear Stearns stock spread false rumors to deliberately bring down the Wall Street firm.

Bonuses - Bankers Want Cash Not Stock

Many firms like Citi, Lehman Brothers and UBS are now paying an increasing amount of year-end bonus for senior staff in deferred equity. This not only conserves much-needed cash, but acts as a retention tool for key staff.



EU Bank Bonus Cap To Put Pressure On US

As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

Jamie Dimon Crushes Critics With Astounding Win

JPMorgan Chase Chairman and CEO Jamie Dimon on Tuesday won a crucial shareholder vote rejecting a proposal to strip him of his chairman title, a big victory for the brash leader of the country's largest bank.