• I’m doing ‘God’s work’. Meet Mr Goldman Sachs – Hey! Us too! [Times Online]
• Bear Stearns Casualty Earns $1.6 Million at Poker World Series – Steven Begleiter was a 24 year vet at Bear Stearns who sat on the bank’s management and compensation committees. [Bloomberg]
• Health Bill Faces Senate Heat – “If the public option plan is in there, as a matter of conscience, I will not allow this bill to come to a final vote,” Sen. Joe Lieberman (I., Conn.) said on Fox News Sunday. With the passage of the House bill, Congress moved closer than ever to providing Americans with near-universal health insurance” [WSJ]
• Kraft Makes $16.3 Billion Hostile Bid for Cadbury – Kraft is done playing. They want confections and they want them now. [NYT]
• Bad credit card debts ‘will soar’ – “Bad credit card debts may reach as much as 9% of all outstanding balances by the end of next year,” according to PwC. [BBC]
• Don’t forget to submit your caption on the Feed the Pig at the NYC Marathon caption contest!
Related Posts
Preliminary Analytics | 10.02.09
• Dunkin’ Donuts president quits – After Thursday’s success, he must have wanted to go out on top. [BBC]
• Strong dollar ‘very important’: Geithner – Not only that but we have to convince the world that we’re thrifty. Then we wouldn’t be Americans, would we? [Reuters]
• Heads Should Have Rolled at Raters: Congresswoman – Pols using hindsight for grandstanding? [CFO]
• CIT Discloses Its Restructuring Plan – “By simultaneously soliciting votes for a prepackaged bankruptcy alongside the debt exchange offers, the company is hoping to scare enough bondholders into supporting the out-of-court restructuring effort.” Run away. [DealBook]
• Don’t forget to vote in the poll for our Caption Contest. It closes at 3 pm EDT.
Preliminary Analytics | 12.08.09
• Help, I Want to Fire a Family Member from the Business – What to do when you when that idiot relative has to go. [The Exuberant Accountant]
• Blogs We Like – Blogging Suits likes us. And our contributors. Thanks to Tracy Coenen for including us! [Blogging Suits]
• They Weren’t There: Auditors And The Financial Crisis – If you’ve been waiting to read a post from Francine that is complitmentary to the Big 4, you’ll have to keep waiting. [Re: The Auditors]
• Dubai “needs more time”; investor confidence hit – As the past has shown us, if Moody’s gets to the point where it actually has to downgrade you, that’s not a good sign. [Reuters]
• Non-Reform of Rating Agencies – Speaking of Moody’s. Were they involved in this whole meltdown? [Naked Capitalism]
• Green Mountain Wins Diedrich Coffee – Green Mountain out-charmed Peet’s Coffee & Tea in this particular love triangle. [DealBook]
Preliminary Analytics | 08.27.09
• Stanford’s Private-Equity Stakes to Be Sold Over His Objection – “Court-appointed receiver Ralph Janvey won approval to sell several pieces of Stanford’s private-equity portfolio on an emergency basis to avoid meeting capital calls or diluting the investments, according to an order posted yesterday by U.S. District Judge David Godbey in Dallas.” You don’t need investments in hell anyway. [Bloomberg]
• Volunteering Waning in Recession, Report Says – Cutting out the volunteer time to spend time feeling sorry for yourselves. Classy. [NYT]
• Blackstone Gem – Hedge fund of funds rockstar, Steve Schwartzman. His picture accompanies the article anyway. [NYP]
• Microsoft Cuts Price of Xbox 360 – Most of you gamer geeks probably need a back up system or something. [WSJ]