Sheila Bair to Keynote 25 Most Powerful Women in Banking Awards Dinner Sep 29, 2009 09:13AM

NEW YORK, NY -- (MARKET WIRE) -- 09/29/09 -- Sheila C. Bair, Chairman of the Federal Deposit Insurance Corporation, will be the subject of a keynote question-and-answer forum at The 25 Most Powerful Women in Banking™ Awards Dinner hosted by American Banker and U.S. Banker at The Plaza in NYC on Tuesday, October 6. The conversation with Bair is expected to range from her handling of the banking crisis and the backroom haggling among regulatory and political leaders to her perspective on women in the workplace. The Q&A session will be led by American Banker editor in chief Barbara A. Rehm, a veteran banking journalist whose coverage of federal deposit insurance reform won the Jesse H. Neal Award in 2000. Rehm's questions will include those submitted by members of The 25 Most Powerful Women in Banking community ...


Robert Steel, Former Wachovia President and CEO, Named to Hospital for Special Surgery Board of Trustees Sep 25, 2009 10:11AM

NEW YORK, Sept. 25 /PRNewswire/ -- Hospital for Special Surgery announced today that Robert K. Steel, former President and Chief Executive Officer of Wachovia Corporation, has been named a member of the hospital's Board of Trustees. (Photo: http://www.newscom.com/cgi-bin/prnh/20090925/NY82048 ) Steel facilitated Wachovia's merger with Wells Fargo to create the second-largest retail brokerage in the country. Prior to running Wachovia, Steel served in the U.S. Treasury Department as Under Secretary for Domestic Finance, a Senate-confirmed position. In that role, he was the principal adviser to Secretary Henry Paulson on matters of domestic finance and led the department's activities regarding the domestic financial system, fiscal policy and operations, and governmental assets and liabilities. "All on the Board of Trustees are delighted to have someone of the caliber of Robert Steel join us to help guide the future of our institution as a leader in orthopedics, rheumatology and their related disciplines ...


StreetInsider.com's Best of the Web 9/14 Sep 14, 2009 09:07AM

Best of the Web
Doubts linger over BofA-Merrill (NYSE: BAC) deal


Diary of a Crisis: Two Years and Counting Aug 11, 2009 12:58PM

CHICAGO, Aug. 11 /PRNewswire/ -- "August marks the two-year anniversary of the 'official' start of the financial market crisis. To commemorate the occasion, I wanted to take a look back at those early days of the crisis, the sequence of events as they unfolded, and how they set the stage for the economic storm we have been living through for the past two years. Only by memorializing each step can we avoid making the same mistakes in the future," says Diane Swonk, chief economist of Mesirow Financial, in her August edition of Themes on the Economy, located at: http://www.mesirowfinancial.com/economics/swonk/themes/themes_0809.pdf Swonk's August newsletter -- part of a bigger research project that she is currently undertaking -- is just the tip of the iceberg, covering August 2007 through January 2008, a shaky period when a lack of consensus by members of the Fed about the depth of the crisis did more to create ...


Top 10 News Items 7/13-7/17: Bank Earnings Surprising to the Upside; Tech Earnings Just Behind; 'When Bears Turn Bull' Lifts Stocks Jul 17, 2009 05:25PM

Here is a recap of the top news items from this week on Wall Street:

1. We are now in the heat of earnings season, with financial companies making the most profound impact this week. Goldman Sachs (NYSE: GS) kicked off the week on Tuesday by beating the Street's EPS estimates by $2.71, reporting $5.71, ex-items. The stock jumped more than 5%, also bringing with it the entire market. Next, JPMorgan (NYSE: JPM), on Thursday, reported Q2 EPS of $0.28, beat the Street estimate of $0.04 handily. Then Friday, both Bank of America (NYSE: BAC) and Citi (NYSE: C) reported their quarterly results, each reporting better-than-expected numbers on the EPS front. The Financial Select Sector SPDR ETF (NYSE: XLF), or commonly referred to as just "the XLF" finished this week 9% higher.

2. Tech also saw numerous big name earnings this week. Intel (Nasdaq: INTC), Google (Nasdaq: GOOG) ...


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Jul 16, 2009 11:29AM As BofA (BAC) Replaces Board, Sources Say It Has Been Operating Under Secret Regulatory Sanction
Jun 29, 2009 04:28PM Former Treasury Secretary Henry Paulson Agrees To Testify Before House Panel July 16 - Bloomberg
Jun 26, 2009 04:06PM Top 10 News Items 6/22-6/26: Bernanke Gets Grilled in Washington; Fed Keeps Key Interest Rates Unchanged; 4 IPO's Launched This Week
May 13, 2009 11:51PM Documents Confirm Paulson Pressured Banks Into Taking Original TARP Money
Apr 24, 2009 04:22PM Top 10 News Items 4/20-4/24: Fed's Stress Test Metrics Released; Major Tech Companies Issue Earnings; Ford (F) Blows-Out Q1 Expectations
Apr 23, 2009 12:18PM NY AG Cuomo Sends Letter To Regulators On BofA/Merrill; Officials Threatened To Replace Lewis and Board
Apr 23, 2009 10:19AM Notable Mergers and Acquisitions of the Day 4/23: BAC, NUVA
Apr 23, 2009 09:23AM BofA's (BAC) Lewis Suggests He Was Pressured By Bernanke and Paulson On Merrill Deal
Mar 23, 2009 09:34AM David Moenning's Daily State of the Markets: 3/23
Feb 6, 2009 04:32PM Top 10 News Items 2/2-2/6: Geithner to Release Bailout Plan Monday; Unemployment Rate Jumps to 7.6%; BofA Reverses on Insider Buys
Feb 5, 2009 05:52PM Geithner Gets His Shot Monday At A Financial Bailout
Feb 4, 2009 12:23PM Obama Confirms Executive Pay Limits
Jan 28, 2009 12:42PM "Bad Bank" Plan Gives Market Steam, But Questions Remain
Jan 14, 2009 05:45PM Top 15 For 2008 (No. 5): Fannie and Freddie Implode
Jan 9, 2009 09:11AM Second-Guessing Paulson On TARP
Jan 7, 2009 12:35PM Henry Paulson Comments on The Role of the GSEs in Supporting the Housing Recovery
Dec 24, 2008 12:58PM CNBC Viewers Vote Meredith Whitney as 'Power Player of 2008'
Dec 22, 2008 09:22AM David Moenning's Daily State of the Markets: 12/22
Dec 19, 2008 04:29PM Top 10 News Items 12/15-12/19: FOMC Cuts Fed Funds Rate to a Big Fat Donut; GM, Chrysler Get $17B in Loans; Madoff Fiasco Continues to Astonish
Dec 19, 2008 10:27AM Paulson Flip Flops: Requests Remainder of TARP Funds
Dec 19, 2008 10:15AM Secretary Henry Paulson Statement on Stabilizing the Automotive Industry
Dec 19, 2008 09:22AM Obama At The Dike: What Does $1 Trillion Buy?
Dec 16, 2008 04:21PM Paulson said he doesn't expect any other major financial firms to fail
Dec 5, 2008 04:45PM Top 10 News Items 12/1-12/5: Big 3 Return to Capitol Hill; Job Losses Weighing on Economy; Paulson Considering Plan to Support Home Prices
Dec 3, 2008 05:58PM Treasury Looking At Plan To Reduce Mortgage Rates To Support Housing
Dec 1, 2008 03:14PM Treasury Secretary Henry Paulson Remarks on the U.S. Economy and Financial System
Nov 26, 2008 09:40AM David Moenning's Daily State of the Markets: 11/26
Nov 25, 2008 10:32AM Secretary Henry Paulson Remarks on Consumer ABS Lending Facility
Nov 24, 2008 10:29AM David Moenning's Daily State of the Markets: 11/24
Nov 20, 2008 02:54PM Henry M. Paulson, Jr. at The Ronald Reagan Presidential Library
Nov 20, 2008 02:07PM House Aide Says Democrats Won't Pass Senate-Negotiated Bill; Paulson Warns Against Hasty Regulatory Response to Financial Mess -Reuters
Nov 18, 2008 01:55PM John Paulson's Hedge Fund Steps Up And Buys Mortgage Assets
Nov 18, 2008 09:49AM David Moenning's Daily State of the Markets: 11/18
Nov 18, 2008 09:44AM Paulson Testimony Before House Committee on Financial Services
Nov 14, 2008 04:39PM Top 10 News Items 11/10-11/14: Fed Announces New AIG Bailout, Gov't Abandons Buying Troubled Assets, China Plans $586B Stimulus Package
Nov 14, 2008 02:14PM Further Update From Paulson On CNBC
Nov 14, 2008 02:09PM Paulson Says TARP Has Stabilized Financial System
Nov 12, 2008 11:41AM Paulson Confirms Bailout Shift From Buying Troubled Assets To Injecting Liquidity
Nov 12, 2008 10:37AM Remarks by Secretary Henry M. Paulson, Jr. on Financial Rescue Package and Economic Update
Nov 12, 2008 10:34AM Treasury Secretary Hank Paulson abandons plan to purchase troubled mortgage assets - Bloomberg
Oct 20, 2008 12:28PM Statement by Secretary Henry M. Paulson, Jr. on Capital Purchase Program
Oct 16, 2008 05:44PM Paulson To Hedge Funds "No Soup For You"
Oct 16, 2008 03:55PM Stocks Rally Into the Close Despite Economic Sluggishness
Oct 16, 2008 11:49AM Economic Sluggishness Shows Its Face, Stocks Weaker
Oct 14, 2008 10:27AM David Moenning's Daily State of the Markets: 10/14
Oct 14, 2008 09:16AM Statement by Secretary Henry M. Paulson, Jr. on Actions to Protect the U.S. Economy
Oct 14, 2008 08:34AM Joint Statement by Treasury, Federal Reserve, and FDIC On Financial Plan
Oct 10, 2008 07:28PM Paulson Comments After G-7 Meeting, Confirms Plans To Purchase Equity In Banks
Oct 10, 2008 01:22PM SLM Corp (SLM) Higher After Bush Administration Takes Steps To Support Student Loan Market
Oct 9, 2008 10:17AM David Moenning's Daily State of the Markets: 10/10
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