Sox First

Yahoo is finally about to sit down and talk about the possibility of selling a minority stake in its company to one of various bidders. As reported here, Yahoo is looking to strike a deal to sell a …

Yesterday I did a blog entry looking at how Judge Rackoff had ripped into the Securities and Exchange Commission over a deal it had done with Citigroup where the corporate regulator ignored the way …

Facebook will make its debut on public markets between April and July next year and plans to raise up to $10 billion at a $100 billion valuation, says The Wall Street Journal. For that amount, it wo…

One of the big pieces of news out of the United States is Judge Jed Rakoff's latest ruling, nixing a $285 million settlement between the SEC and Citigroup over a billion dollar fund. The judge s…

There are signs that European leaders might finally be getting their act together. Ed Harrison at Credit Writedowns has translated an article from Welt online reporting that the Bundesbank is increa…

Everyone knows about Congress' $700 billion TARP program which bailed out the big banks during the height of the financial crisis. What we know less about is the Fed's secret emergency serie…

Things in Europe are going from bad to worse.The New York Times reports that banks around the world, like Merrill Lynch, Barclays Capital and Nomura, are now drawing up contingency plans for the brea…

The story of McDonalds as a mega corporation is nothing short of amazing. Here are some mind blowing stats about how it has become such a massive business.First, as McDonalds itself says, there are …

Hopes are fading that the 17 member eurozone will avoid sinking back into a recession.Italy has been hammered by investors. Its borrowing costs have skyrocketed after it was forced to pay a record 6…

Was Dominque Strauss-Kahn's sex scandal a political set-up? It's a question you're left asking when you read this fascinating account in the Financial Times about that afternoon in Manha…