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shareholders
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Latest Headlines
Bank of America management prevails despite protests
The Bank of America annual meeting was largely a success for management.
Daniel Mudd steps down
Confirming media reports, Daniel Mudd--the former chief of Fannie Mae who now stands accused of fraud by the SEC--has stepped down as CEO of alternatives investments giant Fortress. In a statement...
Predictions for Goldman Sachs in 2012
In an imagined email to Goldman Sachs shareholders, Breakingviews finds an interesting way to raise some bold possibilities for the bank in 2012. "The 46 percent decline in our share price is not
Judge critical of SEC settlements
There is something refreshing about Judge Jed Rakoff's critiques of various SEC settlements with banks, notably Bank of America and Citigroup. Rakkoff raises some common sense issues that reveal the
Citigroup invests in own hedge funds
Bloomberg notes that Citigroup has invested $800 million of shareholders money in the firm's own hedge funds. Wasn't that supposed to be a "no-no" under the Volcker Rule? For the most part, the
Banks buying back shares
Banks have been pretty clear that they want to return capital to shareholders this year, though that has obviously done little for their share prices. At some point, dividends will be raised
Banks eager to buy back stock
Banks are trading so far below their book value that they must be good investments right now, right? A lot of value investors have been burned by such thinking. But if you really believe in the
Big debate continues over insider trading legality
Ever since the insider trading scandals hit the headlines, people have been debating whether insider trading should be legalized. The pro-insider trading crowd argues that the effect will be
Sarbanes Oxley relief could be on the way for more companies
The dearth of small company IPOs has yet to heat up as a political issue, but in this season of economic discontent, perhaps it's only matter of time before the candidates start talking about it. And
Wells Fargo mulls Morgan Stanley purchase
The prognosis for Morgan Stanley--once among the mightiest of Wall Street firms, with a rich and proud history--has become so bleak that some are speaking about it as a takeover candidate. One the
