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Results for bankers. Search took 0.17 seconds.

Signings in January - More Rumours

in The Soccer Weblog, on December 2, 2009

...ary the world’s football managers will indulge in a flurry of spending that would put Britain's bankers to shame. We can expect Chelsea, who have had their ban on making deals postponed, to break new...

One in four American children on food stamps

in Sox First, on November 30, 2009

...ing their jobs and a small number who are taking home even more than they did in 2007. Wall Street bankers, like those from Goldman Sachs, are in that third group and they are only there because the ...

Dubai: what's ahead?

in Sox First, on November 29, 2009

...e conglomerates it controls. Investors had half-expected Dubai World to seek forbearance from its bankers, asking them to extend their loans. But they felt sure the emirate would make good on publicly...

Goldman Sachs and God

in Sox First, on November 9, 2009

...rd to go past this interview with Goldman Sachs boss Lloyd Blankfein in The Times where he claims bankers are doing "God's work". "We’re very important," Blankfein says. "We help companies to grow ...

Schon gesehen? - Zur Konjunktur: Die Abkühlungszeichen verdichten sich, Immobilienmarkt

in Das Börsen Weblog, on 07.11.09

...Immobiliendarlehen standen dabei im Blick der Börsianer, nachdem die Mortgage Bankers Association neue Rekordstände gemeldet hatte. Zudem sorgt der Kurseinbruch bei dem Immobilienfinanzierer Accredite...

Bankers expect bonus pay records

in Sox First, on November 2, 2009

...e. Around the world, politicians and voters are furious about the massive payouts and bonuses for bankers. But no matter what controls are put in by the G20 and governments, the gravy train continue...

Too big to fail is too dumb

in Sox First, on October 29, 2009

...s likely to turn, not just on politicians who have been negligently lavish with public funds, or on bankers, but on the market system. What is at stake now may not just be the future of finance, but t...

Failed Lehman bankers pursue $100 million in deferred pay

in Sox First, on October 14, 2009

...tions really need to be raised about long term deferred pay structure with reports that ex-Lehman bankers are claiming over $US100 million in lost deferred compensation from the administrators of th...

Bankers' cocaine binge

in Sox First, on October 11, 2009

To what extent can the market's failure be blamed on cocaine? According to this alarming news report , there was a clear link between the heady trading during the boom and snorting. And professionals in the detox business in London say they've been flooded with calls since the financial cri...

Seen that? - Poker Billionaires

in Internet Poker, on October 2, 2009

...he "haves and have yachts" are growing, reports MSNBC via the Washington Post.Rich London bankers and [...] Read More ...

Banker lived it up on foreclosure

in Sox First, on September 12, 2009

...ailable on request. If nothing else, take a look at the plush surroundings. So tempting for corrupt bankers. This does nothing for the reputation of bankers. As the Stock Geometry blog says, it kin...

Banks bankrolling Congress

in Sox First, on August 27, 2009

...o, Bank of America, Morgan Stanley and JP Morgan Chase. The US Chamber of Commerce and the American Bankers' Association also put in a lot of work. The report and the greasing of palms explains a...

Islamic banking booms

in Sox First, on August 4, 2009

...nteresting to watch how how the world's biggest banks will start forming alliances with Islamic bankers. It's one of the few growth sectors in the financial world hammered by the economic cris...

Goldman Sachs in the gun

in Sox First, on July 30, 2009

...ongressional investigation appears to focus on whether internal communications, such as email, show bankers had private doubts about whether mortgage-related securities they were putting together were...

Bonuses for bankers, despite losses

in Sox First, on July 23, 2009

... Never stand between a banker and a bag of money. Despite their massive losses, bankers are still raking in enormous bonuses. The Guardian reports that the House of Mack, Morgan Stanley has set ...

Bankers' pay soars despite crisis

in Sox First, on June 22, 2009

... It's hard to believe but bankers are now raking in enormous bonuses despite the global financial crisis. The Financial Times reports that Merrill Lynch, UBS and Citigroup are actually crank...

Recession drawing to an end. So what?

in Sox First, on June 21, 2009

... So bankers forecast that the recession will end in the third quarter of 2009. Big deal!! Don't crack open the champagne yet. The next few years will be hard. If you expect it will be anythin...

CIA recruits bankers

in Sox First, on June 19, 2009

...nty of work out there, if you want to become a spook. The CIA is now running a recruitment ad for bankers to come on board and "assess foreign economic policies and foreign financial issues&quo...

Banks fight to keep accounting tricks

in Sox First, on June 6, 2009

...are trying to delay that accounting rule, They have called in the Chamber of Commerce, the Mortgage Bankers Association, and the American Council of Life Insurers to write to Treasury Secretary Timoth...

More bad news: Mortgage delinquencies on the rise

in The Mortgage Roadmap, on May 29, 2009

...ure in the first quarter of this year. This marks the highest this figure, recorded by the Mortgage Bankers Association, has been since 1972, the year the association first began tracking it. It is al...

More housing woes

in Sox First, on May 30, 2009

...k, an economist at Wachovia Corp. in Charlotte, North Carolina told Bloomberg . But the Mortgage Bankers Association's mortgage delinquency figures suggest the bottom is nowhere in sight. Acco...

MBAs and Entrepreneurs

in BootStrapMe, on May 21, 2009

...Is our fascination with the comings and goings of MBAs as obsolete as our lionization of investment bankers and hedge-fund managers? Is it time to look elsewhere for the "best and the brightest&q...

The refi money is still flowing

in The Mortgage Roadmap, on May 21, 2009

...ners back to their mortgage lenders to refinance their mortgage loans. According to the Mortgage Bankers Association , mortgage loan applications for the week ending May 1 jumped 2 percent from the...

The problem with economists

in Sox First, on May 18, 2009

... Bankers have deservedly received much of the blame for the financial bloodbath that's paralysed governments and transformed societies. But economists are just as much to blame. Possibly even m...

Hedge Fund Administrator of The Year

in The Hedge Funds Weblog, on May 13, 2009

...uded Dr Werner Frey, CEO of the European Securities Forum and Angela Knight, CEO of The British Bankers Association. More about the awards ...

Navigating the new mortgage roadmap

in The Mortgage Roadmap, on May 12, 2009

I applied for my most recent mortgage loan back in 2006. You might remember that this was right before the housing boom ended and the housing crash began. Bad timing on my part. Today, my home is worth far less than what I paid for it. But there was one benefit of buying a home in 2006: Getting a m...

Lawyers cash in on Chrysler bankruptcy

in Sox First, on May 2, 2009

...lay any recovery plan. And who will be the winners out of this? As always, it will be the lawyers, bankers and accountants with Bloomberg reporting they are likely to make at least $200 million by ...

More Wall Street greed

in Sox First, on April 27, 2009

... Bankers and finance executives might have brought the world to its knees but they haven't learned their lesson. They reckon they're victims. In this striking piece from New York magazine,...

Big bonuses at imploding banks

in Sox First, on April 26, 2009

... The banks are imploding but that hasn't stopped the bankers raking in massive bonuses. Just what they're being rewarded for is anyone's guess. The New York Times reports that six of...

Giving banks permission to lie

in Sox First, on April 5, 2009

...writing down bad loans and by making new loans so companies could pay interest on bad loans and the bankers could say that the bad loans were good loans. Until Japan forced its banks to write off bad ...

G20 and FASB: the banks win again

in Sox First, on April 4, 2009

...ty, and the regulators are worse off. The change in the accounting rules is another bailout for the bankers!" Is it any wonder, as ethicist Dov Seidman writes, that the real problem we have no...

G20 protest meltdown

in Sox First, on March 28, 2009

...itself for the G20 protests with warnings from one of the organizers that there could be "real bankers hanging from lamp posts". Regardless of the hyperbole, it's another sign of how pol...

Accounting reshuffle

in Sox First, on March 19, 2009

...ers? Bring in a new one. That seems to be the proposal from Edward L. Yingling from the American Bankers' Assocation. He has recommended replacing the Financial Accounting Standards Board with ...

Dumb money and the meltdown

in Sox First, on February 24, 2009

...nd perpetually strong markets for debt. The high priests of this cult were the nation's central bankers. In the Era of Cheap Money (the fall of 2001 through June 2004), Fed Chairman Alan Greenspan...

Lady Black defends "kulak" bankers

in Sox First, on February 19, 2009

...s come out with a most extraordinary defense of the banking community. While most of us accept that bankers have created the world's economic crisis, Amiel compares them to the intellectuals targe...

Bad Money by Kevin Phillips

in Sox First, on February 18, 2009

...Not before time. As Phillips reminds us, the British colonial secretary Joseph Chamberlain told the bankers in 1904: "Granted that you are the clearing house of the world but are you entirely bey...

Madoff and the conspiracy of silence

in Sox First, on February 17, 2009

...r way and allowed Bernard Madoff to get away with his fraud. Now, the New York Post reports that bankers thought Madoff was a shyster but kept shtum. "Leon Gross, the former managing director ...

Wall Street bonus time, despite recession

in Sox First, on January 30, 2009

... The recession has not hurt the bankers. Not one bit. The New York Times reports that despite all the losses and taxpayer-funded bailouts, financial companies in New York collected an estimated $...

Guess who's coming to Davos

in Sox First, on January 27, 2009

...tional Herald Tribune reports , they won't be serving up caviar this year. The number of A-list bankers attending has been cut and many financial institutions have slashed their entertainment budg...

Hedging the bets

in Sox First, on January 14, 2009

...uot;aiding and abetting liability," which would make it easier to sue lawyers, accountants and bankers working on behalf of a fund accused of illegal activity. But, Freed says, it won't go t...

Morgan Stanley's Asia PE Chief Gets Axed

in China Venture News, on December 20, 2008

... departure from his new post underscores the brutal environment that private equity firms and their bankers face not just in Western countries, but Asia too." While Mandal's job covered comp...

Will Obama's job plan work?

in Sox First, on December 7, 2008

...? Or is he going to pay prevailing wages? The fact is, that trying to employ millions of unemployed bankers, stockbrokers, financial services types, call center workers, or other white collar jobs...

No quick fix for US housing market

in Sox First, on December 6, 2008

... loans, 90 days overdue, has hit record levels, according to the latest figures from the Mortgage Bankers' Association . The problem is that at the height of the real estate boom, borrowers use...

Obama slams "tone-deaf" business leaders

in Sox First, on November 26, 2008

...e in a stinking pile of instruments no one can value much less wants to buy. That pile was built by bankers in tailored suits out of Harvard Business School who saw that if they could inflate - and ob...

Going Broke Going For Broke

in Eagle Par Birdie, on November 22, 2008

...companies - 10 of them - were trading below $10 a share. There is tremendous fear among investors, bankers and governments (consider what China is facing in mass factory closings, rioting over job lo...

Fair value battle escalates

in Sox First, on October 29, 2008

...re booming. The world's banks generated enormous profits, and massive bonuses along the way, as bankers cashed in on fair value upswings in asset prices. Indeed, no institution has ever told banke...

The crash and deregulation

in Sox First, on October 18, 2008

... There are many explanations for the crash. Some blame it on greedy bankers and investment strategies that shunned trust and integrity. Others blame it on cheap money and low interest rates. But th...

Discounted holidays for redundant bankers

in Wandalust, on October 14, 2008

... © markhillary The UK based GoLearnTo.com holiday learning experiences company is offering bankers made redundant during the Credit Crunch discounted holidays. The unemployed banking workers ar...

The Lehman legacy

in Sox First, on October 7, 2008

...ce in the market. Talk about deja vu!!! Is it any wonder that Bloomberg columnist Joe Mysak says bankers have now lost all credibility and it will take them decades to recover. "As for the ba...

Global supply chain management the bankers' way...

in Supplychainer, on September 29, 2008

...lly network designers do when conducting their optimization work, they really take an approach like bankers do in the time of decision making for investments. Just as investors hedge against future ma...

Can the bailout fix things?

in Sox First, on September 29, 2008

...shareholders and unsecured creditors. "The Treasury plan is a disgrace: a bailout of reckless bankers, lenders and investors that provides little direct debt relief to borrowers and financially ...

Bad mortgage bailout pain

in Sox First, on September 21, 2008

...those assets." But at the end of the day, those assets are still toxic. And in exchange, those bankers are going to get paid for those tox assets. Talk about moral hazard!! As the New York Times...

Banks: trouble ahead

in Sox First, on August 27, 2008

...ive a rating of 4 or 5 are put on the list. And that's a worry because the report suggests the bankers, in their greed to rake in millions, have neglected to do the basic stuff that bankers need ...

US recession? Depends how you define it

in Sox First, on August 26, 2008

...of the business cycle. And the Fed is still trying to work this one out. This downturn is not about bankers trying to rein in output to growth rates to get some sort of price stability. No, this one i...

JP Morgan, Wachovia and UBS burning billions

in Sox First, on August 13, 2008

...eaders of human folly, greed and stupidity. "One thing that came out of all this is that bankers are as susceptible to mania as teenage Japanese girls,'' Hamel said. "They real...

Risk managers come clean

in Sox First, on August 11, 2008

...for objective risk analysis and assessment. However, this separation hurt our relationship with the bankers and traders we were supposed to monitor. "In their eyes, we were not earning money for...

There's worse ahead - central bankers

in Sox First, on July 2, 2008

If you thought we are over the worst of the economic slowdown, think again. In its latest report , the Bank for International Settlements warns that we could be at a "tipping point" and things could get a lot worse. The report condemns the way banks have kept interest rates low, or ...

Largest Building in Latin America

in Latina Viva, on June 23, 2008

... © monterd Bankers are building green . In Mexico City, the main avenue Reforma will soon be home to the tallest building in Latin America, the new Bancomer tower . It's going to be 274...

Banks want to change accounting rules

in Sox First, on May 22, 2008

...T, want to start valuing illiquid assets using historical, rather than market, prices. "Senior bankers have long sought a change to the accounting rules, arguing that the requirement to mark the ...

Rich and poor: the CEO pay disconnect

in Sox First, on May 19, 2008

... be a political issue in the US with Hillary Clinton and Barack Obama slamming chief executives and bankers who have paid themselves big bonuses while sacking workers or foreclosing mortgages. Still, ...

UBS woes

in Sox First, on May 7, 2008

...tried to dominate. And to make things worse, we have reports that one of the most senior private bankers, Martin Liechti, has been detained by authorities in the US investigating whether the Swiss ...

Recession time: the house of cards tumbles

in Sox First, on April 10, 2008

...onduit underwriting. Ratings agencies and compensation also needed addressing. Of course, what the bankers are doing is trying to head the regulators off at the pass. By being so "up front"...

Other Voices: Links for 3/21/08

in The Personal Finance Weblog, on March 21, 2008

...dozen different countries you begin to realize how bleak things would be in a world without central bankers. Why does a democratic country like India live mostly in abject poverty? The country has de...

ABA No Likey UIGEA

in Internet Poker, on March 10, 2008

...g the American Banking Association's response to the UIGEA's demand on their practices, the bankers have responded with with no love for this vague law. No love meaning the ABA is confused upo...

Liechtenstein: the mouse that roared

in Sox First, on March 3, 2008

...nced Germany for acting like the "Gestapo" by trampling all over the country's laws, bankers vowed to sue their bigger neighbour for handling stolen goods. Germany countered, saying it w...

Wikileaks and court stupidity

in Sox First, on February 21, 2008

...n legal staff. We are used to this sort of situation," one of them told The Register . Swiss bankers are finally discovering that the Internet is hard to control. The heavy-handed approach is n...

Criminalizing capitalism: Sarbanes-Oxley and the latest crisis

in Sox First, on February 15, 2008

... to believe that housing prices would keep going up, in large part thanks to cheap and easy credit. Bankers and executives also thought that careful engineering-and, yes, complex accounting and financ...

Société Générale - more blowouts ahead

in Sox First, on January 30, 2008

...ys be insiders who know how to work the system and who can cover their tracks. Trouble is most bankers, even if they admit that things could go wrong in theory, would have trouble acknowledging that ...

Merrill Lynch's bonus pain

in Sox First, on January 21, 2008

... At the end of last year, I did a blog entry looking at how investment bankers were still raking in enormous bonuses, despite the Subprime Meltdown . Indeed, according to research at Breaki...

Seminar on Islamic Finance - Opportunities and Challenges in Hong Kong

in The Hedge Funds Weblog, on January 15, 2008

... delegates including representatives from central banks, financial regulators, prominent commercial bankers, market professionals and legal practitioners from Hong Kong and the region, and delegates f...