Tuesday, December 16, 2008
Hair of the Dog from the Fed
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The Federal Reserve Bank announced it would keep the Fed funds rate at record low levels, while it buys mortgage backed securities. It want...
Fed Loaned Lehman Brothers $138 Billion Post Bankruptcy
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The Bush administration cited it had no choice but to let Lehman Brothers fail. Months before, it saved Bear Stearns. Within days it rescue...
Arthur Levitt's SEC
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Ex-Securities and Exchange Commission Chair Arthur Levitt defended his agency relative to the $50 billion Bernie Madoff Ponzi scheme. NYT De...
Monday, December 15, 2008
PEU's Commission Study for U.S. Economic Future
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The trade group for private equity underwriters (PEU'S) hired two economic experts to weigh in on America's economy and priorities f...
Saturday, December 13, 2008
Carlyle Group Uses European Study to Promote U.S. Private Equity
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The Carlyle Group posted results of a study on employee treatment under private equity ownership. Only they didn't interview employees....
The Ghost of Pharma Quality
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The Food and Drug Administration planned to allow drug companies to market "off label" uses of their products as long as an artic...
Friday, December 12, 2008
Carlyle Group Gets CalPERS Sponge for Bloody Financial Gutters
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The Carlyle Group gained $150 million for its distressed financial assets fund. Pensions & Investments reported : CalPERS committed $15...
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