• Obama likely in no rush to nod on Bernanke’s fate Apparently this is the one thing that doesn’t need addressed immediately. [Reuters]
• U.S. Payroll Losses Slow, Unemployment Rate Declines 247,000 lost, 9.4%. Is that green shoots? [Bloomberg]
• France targets bankers’ bonuses – Soon, pols are going to have to find something else to pander to the masses with. [BBC]
• AIG Posts $1.82 Billion Profit, First Since 2007 – You can just sign that over to the us, thankyouverymuch. – U.S. Taxpayer [Bloomberg]
• Willis Group Sued by Stanford’s Venezuelan Clients – Sure, why not? [DealBook]
• Judge Approves Lawyer Fees in Madoff Liquidation – In other news, Madoff victims are still pissed. [DealBook]
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Preliminary Analytics | 09.23.09
• Ernst & Young settles Akai case – No deets disclosed. [FT]
• Chase and Bank of America Revise Fee Policies – Under duress of course. [NYT]
• Moody’s accused of issuing inflated ratings: report – Ratings were bupkis, why wouldn’t their numbers be? [Reuters]
• J&J CFO: Biggest Nightmare Is Public Health Option – It’s not a nightmare for everyone. [CFO]
• Former eBay Chief Running for Governor of California – Good luck. Seriously, you’ll need it. [DealBook]
Preliminary Analytics | 09.02.09
• OTB Is in Financial Trouble, but It’s Ready to Roll – Sometimes, time-honored traditions such as OTB are allowed certain concessions. [NYT]
• Madoff Details, and Property, on Tap – “[Inspector General David] Kotz turned over the report to SEC Chairman Mary Schapiro late Monday, and it is likely to be released within a week after the SEC’s five commissioners review it.” Probably no details on girth, etc. [WSJ]
• Disney Deal Could Spark Imaginitive M&A Ideas “When merger momentum really gets going, companies splash out for takeovers that make little sense to anyone except the investment bankers involved.” [DealBook]
• Stanford Back in Jail After Medical Tests – An aneurysm can’t keep Stan out of jail. DON’T MESS WITH TEXAS. [DealBook]
Preliminary Analytics | 10.30.09
• Goldman, CIT Reach Deal to Keep Smaller Credit Facility Open – Not as much as they wanted but we’re not talking about a company with a lot of options here. [Bloomberg]
• White House: Data Likely to Credit Stimulus for 650,000 Jobs – In what appears to be the debunking of the Associated Press’ debunking of the WH data, the administration is claiming that the stimulus has nearly created the 1 million jobs the bill promised. [WSJ]
• Wal-Mart starts selling coffins – The most modestly priced receptacle is $895. [BBC]
• Galleon fears raised in 2001 – A JP Morgan analyst thought something was fishy with Raj and his “cohorts” and recommend that the bank’s alternative asset management unit should “reduce their allocation” to the fund. Apparently a trophy may have been at stake. [FT]
• Stanford Receiver Hopes to Recoup $1.5 Billion – “Court-appointed receiver Ralph Janvey filed a report in federal court in Dallas late Wednesday outlining his plan to go after the $1.5 billion and provide allegedly defrauded Stanford investors a return of as much as 20 cents on the dollar.” [AP via NYT]