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Goldman Sachs #1 Banking Firm for Ninth Straight Year, says Vault

NEW YORK--(BUSINESS WIRE)--Career information media company Vault.com, Inc. (www.vault.com) has just released the latest edition of the Vault

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Update: Himin Solar Completes Goldman Sachs, CDH Investment

Shandong-based solar water heater and vacuum tube manufacturer Himin Solar Energy completed a $90.78 million investment from Goldman Sachs Group and CDH Investments in June, reports China Economic Herald quoting a local official in Dezhou, Shangdong province. Through the deal, Goldman Sachs and CDH Investments...

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Gerald Corrigan: no one has any illusions

Gerald Corrigan says: 'No one has any illusions. No one at Goldman Sachs or any other bank has any illusions. We are not living in a fantasy world. We know that Big Herb is real. We know that he loves us. We know that he died for our money. And we appreciate it. We really do. You have to deal in hard facts. You have to look at the situation with a cold eye. Or even two cold eyes. I know about

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Validus Holdings, Ltd. Announces Filing of Shelf Registration Statement on Form S-3

HAMILTON, Bermuda - Validus Holdings, Ltd. (“Validus”) (NYSE: VR) announced today that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The registration sta

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Griffon Corporation Announces Rights Offering to Fund Future Growth

Griffon Rights Offering to be Backed by Unit of Goldman Sachs Gross Proceeds of Financing Will Range Between $170 and $255 Million JERICHO, N.Y., Aug. 7 /PRNewswire-FirstCall/ -- Griffon Corporation (NYSE: ) announced today a 20 million share common stock rights offering to its shareholders in order to raise equity capital for general corporate purposes and to fund future growth. The rights will...

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Fitch Rates Anchorage, Alaska's $18.7MM Wastewater Revs 'AAApre'

NEW YORK--(BUSINESS WIRE)--Fitch Ratings assigns a 'AAApre' rating to the following Municipality of Anchorage, Alaska Wastewater Revenue Bonds: 1999, maturing Sept. 1, 2011-2019, Sept. 1,

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Here come the self-regulators

A report from Wall Street insiders calling for stricter rules surrounding complex derivatives may find a toe-hold in the current market turmoil. 8 Aug 2008 6:12 AM

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Locking the Barn Door After the Horse Is Gone

That's the specialty-of-the-house in the Bush Age. A Wall Street consortium led by Goldman Sachs managing director E. Gerald Corrigan recommended new standards Wednesday for monitoring and managing risk, saying the financial industry must be better equipped to contain the...

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Kamehameha School Controversy Bubbles Up Again; Dueling Suits Filed

As a youngster, when we used to attend Minnesota Gopher hockey games on a semi-regular basis, we always took pride in the then-coach, Doug Woog, who according to legend only recruited in-state players. Since Minnesota high school hockey is clearly superior, Coach Woog’s policy simply made good sense. This admittedly tangential anecdote came to mind [...]

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Obama is a dead man - cartoons

The USA military-banking-intelligence-industrial complex will kill Obama and continue to rule by fear, right? haha, they don't need to .. they have Obama in their pocket: Obama is a bought puppet of: Goldman Sachs Lehman Brothers National Amusements JP Morgan Exelon Energy (parent of Commonwealth Edison) Citigroup Citadel Investments Credit Suisse Skadden Arps Morgan Stanley Time Warner UBS Harvard...

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Virgin Media 2Q Net Loss Wider on Impairment Charge

U.K. television and telephony company Virgin Media, Thursday reported a higher than expected rise in second-quarter operating cash flow, but profits were dented by a goodwill impairment charge relating to the company's mobile segment.

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Portland water bills may zoom upward

The City of Portland's debt load just gets heavier and heavier. Last week the city borrowed another $79.68 million against the drinking water system. The city's debt manager, Eric Johansen, reports: The City's water revenue bonds sold last Tuesday, July 29th. Nine firms submitted bids at the competitive sale. Goldman Sachs bought the bonds at a true interest cost (TIC) of 4.570351%. Cover bid was from...

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Swift Selected to Develop New Pre-Settlement Matching Platform

Swift Selected to Develop New Pre-Settlement Matching Platform By A consortium of six major prime brokers has to help develop and operate a centralized pre-settlement matching solution. Aimed at reducing the costs and risks associated with processing equity and fixed income trades by hedge funds globally, the new platform is expected to be live by the first quarter of next year. "In light of increased...

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Good Idea of the Day: Slashing the Structured Product Investor Base

Felix Salmon submits: Aline van Duyn reports today that a group of A-list banks -- "including JPMorgan Chase (JPM), Merrill Lynch (MER), Citigroup (C), HSBC (HBC), Lehman Brothers (LEH) and Morgan Stanley (MS)," we're told, a list which is notable for the non-inclusion of Goldman Sachs -- is interested in tightening up the rules on who they're allowed to deal with. Perhaps the most unexpected proposals...

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Change Big Real Estate Can Apparently Believe In

From The Times on Barack Obama's most robust fund-raisers : At least 100 Obama bundlers are top executives or brokers from investment businesses: nearly two dozen work for financial titans like Lehman Brothers, Goldman Sachs or Citigroup. About 40 others come from the real estate industry. Apparently, none of the top real estate bundlers are based in New York. My colleague Dana Rubinstein wrote last...

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Equity Derivatives :Applications in Risk Management and Investment

Bharatbook.com is proud to promote the new report “Equity Derivatives :Applications in Risk Management and Investment ” from its vast collection of informative market research reports. Tracks the evolution of the reinvention of the equity derivatives market, focusing on the major product and application innovations.Summary:Overview of corporate uses, investment and portfolio strategies, valuation...

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Premium Company Profile: ENERGY FUTURE HOLDINGS CORPORATION : bharatbook.com

Premium Company Profile: ENERGY FUTURE HOLDINGS CORPORATION : bharatbook.com - bharatbook

TXU Corporation's merger with Texas Energy Future Holdings Limited Partnership (the holding company formed by private equity firms Kohlberg Kravis Roberts and Texas Pacific Group, global investment bank Goldman Sachs, and other investors) has resulted in the establishment of three independently managed businesses under Energy Future Holdings Corporation. Scope of this report Contains corporate strategy,

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It's Official: Merrill Next

It's official, John Thain is a new CEO of Merrill Lynch ( MER ). Below is a statement just issued by Merrill. John A. Thain Named Chairman and Chief Executive Officer of Merrill Lynch Last update: 11/14/2007 4:06:01 PM NEW YORK, Nov 14, 2007 (BUSINESS WIRE) -- Merrill Lynch & Co., Inc., (MER) today announced that John A. Thain, Chief Executive Officer, Director and Member of Management Committee of