Finance Roundtable

Bloomberg.com: U.S.:

"Richard Grasso, the former New York Stock Exchange chairman who became a poster child for Wall Street excess, won a court ruling that allows him to keep his entire $190 million pay package.

A state appeals court in Manhattan today dismissed the remaining claims against him ...

Bloomberg.com: Worldwide:

"`We need to create a resolution process that ensures the financial system can withstand the failure of a large complex financial firm,'' Paulson said in the speech excerpts distributed by the Treasury to reporters traveling with him in London.

The Treasury chief noted while there is ...

Finance and history have been linked for centuries. Here is an interesting look at some long run trends and later in the article what the history says may happen if the US loses its preeminent position.

The capital role of finance in history - Money Matters - ...

It has not been a good year for Jeff Epstein. A billionaire money advisor who owned his own island in the Caribbean as well as a large townhouse in NY, Epstein used to be known for his secrecy, smart friends, dislike of suits and ties, and yoga. ...

Remember a month or so ago when the WSJ had a series of articles on Bear? I thoght they were great. Well this may be better! By Bryan Burrough who helped write "Barbarians at the Gate" (one of my all time favorites).

What Really ...

Update: A few weeks ago we saw the case of The Childrens' Investment Fund (TCI) vs. CSX. If you remember the hedge fund was in the midst of a proxy battle with CSX. Here is that story.

Well the vote was yesterday and while the ...

The NY Times has a gloom and doom article on the future of Wall Street one year after Blackstone went public. It is through eyes of Tom Wolfe the author of Bonfire of the Vanities.

Dealbook - A ‘Bonfire’ Returns as Heartburn - NYTimes.com:

"Blackstone’s stock ...

Obviously many have been watching the recent arrests of former Bear hedge fund managers Matthew Tannin and Ralph Cioffi. My first reaction was that they were being made scape goats so I was somewhat surprised when ...

Interesting angle on personal finance.

Are you a stock or a bond? - The Wealthy Boomer:

"...Your human capital is "bond-like" in nature if you're a salaried employee with a Defined Benefit pension plan.... On the other hand, the human capital of an entrepreneur or investment banker ...

FT.com / In depth - Banking: Still a top priority in a fast-changing world:

"Steve Kaplan, professor of entrepreneurship and finance at the University of Chicago Graduate School of Business...uses the snappy acronym CFIMITYM – cashflow is more important than your mother – and points out that the subprime ...