Sign in to follow
Search Results

0 results for 'Bloomberg LP'

You can use to get even better search results
February 16, 2011 |

Stocks likely to bleed if Congress cuts budget

Listening to both Republicans and Democrats spout off these days, it sounds like austerity is the new patriotism. Both parties vow to cut federal spending. Republicans, urged on by their Tea Party wing, say deficit reduction is their top priority. If and when rhetoric begets actions, stocks that depend on federal spending for a significant part of their revenue will be scrutinized by investors.
4 minute read
October 15, 2009 |

Madoff's expertise may be handy for the dollar

The dollar is at a breaking point. No, this isn't hyperbole. It's what many economists are saying as they look at U.S. finances and how central banks are increasingly snubbing the world's reserve currency. It barely needs to be said that this could all end very badly. It's not that foreign-currency holdings are falling.
4 minute read
August 13, 2009 |

KPMG exec made off like a bandit

Richard H. Smith, once charged in the biggest tax fraud ever, owes his lawyers a debt of gratitude for getting him out of what could have been life in prison. He also owes them $1.3 million, they claim, alleging one of the more outrageous man-stiffs-lawyers stories. In Smith's case, it isn't as if he didn't have the money.
4 minute read
August 20, 2008 |

No limit to Greenspan's once-a-century wonders

Alan Greenspan has presided over more hundred-year events in the last 20 years than the rest of us do in a lifetime. As chairman of the Federal Reserve from August 1987 through January 2006, the Maestro was ahead of the pack when he sniffed out a secular increase in productivity growth, the result of a "once-in-a-lifetime'' technological boom.
5 minute read
October 29, 2008 |

Today's Rip Van Winkle would get a real shock

Imagine what Rip Van Winkle might make of the world today. You wouldn't need to sleep 20 years, like the title character in Washington Irving's 1819 short story, to wake up and be shocked by events. How about just one year Say you checked out of the world 12 months ago, maybe on an Indonesian beach, or at a Thai monastery or in the Malaysian rainforest.
4 minute read
January 06, 2012 |

Convicted ex-lawyer says funds helped hide scam

Scott Rothstein, the Florida lawyer sentenced to 50 years in prison for running a $1.2 billion Ponzi scheme, said officials at three Manhattan hedge funds helped him prop up the fraud in its final months, according to transcripts of a court deposition.Rothstein, 49, said his scheme began to collapse early in 2009, when he could no longer pay customers.
6 minute read
November 12, 2008 |

Risky Bear risk manager rewarded with Fed job

Let's say you were the chief risk officer of the former Bear Stearns Cos. in the two years preceding the bank's collapse in March.And let's say, just for argument's sake, that the postmortems revealed Bear to have had too much risk and too little management of it. The only way JPMorgan Chase Co. would agree to acquire Bear was with a $29 billion sweetener from the Federal Reserve for some of the less-palatable assets.
4 minute read
June 26, 2008 |

Distressed Mergers And Acquisitions

Corinne Ball, a partner at Jones Day, writes: The credit crisis has notably impacted certain sectors, such as home building, monolines and subprime mortgage servicers. What is less recognized, but perhaps more significant, is that the credit crisis is creating vulnerabilities in many companies that may be exploited by distressed investors. Failing to anticipate the reaction of the well-advised, well-funded distressed investing community may yield a series of value-destructive events, including an unwanted takeover, a very expensive waiver, or even an unnecessary chapter 11 case for the unprepared and unwary company.
11 minute read
March 23, 2012 |

Jeremy Lin's global reach sets off ad frenzy

Coca-Cola Co. is adding advertisements in Chinese to its rotating courtside signs at Madison Square Garden, seeking to capitalize on what National Basketball Association Commissioner David Stern called an unprecedented international frenzy over New York Knicks point guard Jeremy Lin. The first Chinese- or Taiwanese-American to play in the NBA, Lin became a global icon after joining the team's starting lineup on Feb.
5 minute read
January 23, 2012 |

As trial begins, investors wait for repayment

R. Allen Stanford's investors, after waiting three years to see the Texas financier go to trial on charges of leading a $7 billion fraud, must hold on even longer before learning when they will get some of their money back.Stanford's customers have received nothing since the U.S. Securities and Exchange Commission closed his businesses in February 2009.
6 minute read

TRENDING STORIES

    More from ALM

    More from ALM

    Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

    Resources

    • A Buyer's Guide to Law Firm Software

      Brought to you by PracticePanther

      Download Now

    • A Step-by-Step Flight Plan for Legal Teams: Fire Up Your Productivity Engine and Deliver High-Impact Work Faster

      Brought to you by HaystackID

      Download Now

    • Corporate Transparency Act Resource Kit

      Brought to you by Wolters Kluwer

      Download Now

    • Revenue, Profit, Cash: Managing Law Firms for Success

      Brought to you by Juris Ledger

      Download Now