http://www.bloomberg.com/apps/news?pid=20601109&sid=aOQPmbrh1ZrA&refer=home
Timothy Geithner
TARP Warrant Sale Shows Banks May Reap ‘Ruthless Bargain’
Submitted by cahn on 22 May, 2009 - 11:35pm- After Shore Bancshares Inc.
- Andrew Williams
- Bank
- Bank of America Corp.
- banking
- Berkshire Hathaway Inc.
- Bloomberg
- Bob Jones
- Brad Miller
- cent
- Citigroup Inc.
- Department of the Treasury
- Diane Casey-Landry
- Easton
- Evansville
- finance
- Fischer Black
- Goldman Sachs Group Inc.
- http://www.bloomberg.com/apps/news?pid=20601109&
- Illinois
- Indiana
- Joseph Evangelisti
- JPMorgan Chase & Co.
- Kentucky
- Linus Wilson
- Louisiana
- Mark Lake
- Mark Pittman
- Maryland
- Michael DuVally
- Moorhead Vermilye
- Morgan Stanley
- mpittman@bloomberg.net
- Myron Scholes
- New York
- New York Stock Exchange
- North Carolina
- Old National Bancorp
- Simon Johnson
- Timothy Geithner
- Treasury
- USD
- Warren Buffett
- Washington
- Wells Fargo & Co.
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Political Interference Seen in Bank Bailout Decisions
Submitted by cahn on 25 January, 2009 - 10:44pm- aggregator bank
- Alabama
- Arizona
- Bank
- bank bailout fund last fall
- bank last week
- Bank of America Corp.
- Bank of America Corporation
- bank regulatory agencies
- banking
- Barack Obama
- Barney Frank
- Barney Frank Goes
- Ben Bernanke
- BFM FHLMC Mortgsecurities Fund
- Boston
- Brookly McLaughlin
- Bush administration
- California
- Citigroup Inc.
- Cleveland
- Colonial BancGroup Inc.
- Columbus
- Comptroller of the Currency
- controversial applications
- Damian Paletta
- damian.paletta@wsj.com
- David Enrich
- david.enrich@wsj.com
- Department of the Treasury
- Dow Jones & Company Inc
- Dow Jones & Company, Inc.
- Dugan
- Fannie Mae
- FDIC
- Federal Deposit Insurance Corp
- Federal Deposit Insurance Corp.
- Federal Reserve System
- Felecia Rotellini
- Financial Services Committee
- Florida
- Freddie Mac
- Green Bay
- Henry Paulson
- House Financial Services Committee
- House Financial Services subcommittee
- Huntington Bancshares Inc.
- Huntington Bancshares Incorporated
- John Harrison
- large regional banks
- Mark Sanford
- Massachusetts
- Maxine Waters
- Michigan
- minority bank
- National City Corp.
- National City Corporation
- Office of Thrift Supervision
- Ohio
- OneUnited
- overextended mortgage giants
- particular home-state bank
- Pittsburgh
- PNC Financial Services Group Inc.
- Porsche
- Porsche Automob
- predecessor bank
- Richard Shelby
- Robert Cooper
- Saigon National
- Saigon National Bank
- Senate
- Senate Banking Committee
- Sidney Williams
- South Carolina
- Spencer Bachus
- The Colonial BancGroup, Inc.
- The PNC Financial Services Group, Inc.
- Timothy Geithner
- Trabo Reed
- Treasury
- Troubled OneUnited Bank
- United States
- USD
- Washington
by Damian Paletta and David Enrich
Barney Frank Goes to Bat for Lender, and It Gets an Infusion
Troubled OneUnited Bank in Boston didn't look much like a candidate for aid from the Treasury Department's bank bailout fund last fall.
The Treasury had said it would give money only to healthy banks, to jump-start lending. But OneUnited had seen most of its capital evaporate. Moreover, it was under attack from its regulators for allegations of poor lending practices and executive-pay abuses, including owning a Porsche for its executives' use.
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What did I say then?
Yahoo to buy search-software maker Inktomi | SCMP
Submitted by cahn on 27 October, 2008 - 1:13pmInternet media company Yahoo on Monday said it would pay US$235 million to buy Internet search-software maker Inktomi, strengthening its position in the growing Web search business.
By acquiring Inktomi and its paid-search capabilities, which generates advertising income, Yahoo also lessened its reliance on Google, a privately held company that currently provided search functions to Yahoo but had also positioned itself as an up-and-coming competitor, analysts said.
The acquisition also pushed other technology stocks higher, as it generated hope among investors for further consolidation in software and other industries that have seen revenues shrink in the wake of the collapse of the Internet bubble.
The acquisition of money-losing Inktomi comes amid increased competition from popular search engine Google, which recently launched an online shopping site and a news Web site.
"Search has become a very profitable, high-growth industry, and this is going to give them more control over their search product," Pacific Crest Securities analyst Steve Weinstein said. more
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