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Judge questions BofA settlement
...Southern District of New York, numbers 09-06829 and 10-00215. Mr Cuomo’s case is New York vs Bank of America Corp et al, New York State Supreme Court, New York County, number 450115/2010. By
May 31, 2009
Turning point for US mutual fund fees
...the matter this autumn when it hears Harris v. Jones. For the US retail mutual fund industry, Harris v. Jones is “the most important litigation in...rejected by a lower court. The case, Gallus et al. v. Ameriprise, centres on complaints from... By Hannah Glover
January 27, 2010
Reaching out for ET
...planet orbiting the star. Of course Seti has not heard a peep from ET over the past half-century, despite listening to thousands...famous Drake equation for estimating the chances for hearing from ET. There are at least 100bn stars in the Milky Way, so just one... By Clive Crook
January 28, 2010
Notes from inside
...year.I know you have the ear of the Pope, Obama, Lakshmi et al, but I ask you humbly to let this be strictly "off the record...Speak soon and God bless, MartinDarling F - Spoke to Seth who is v optimistic but says we must keep it hush hush for now as extremely...s the hold-up? Can't you tell them that Bill and Lakshmi et el are waiting for me? And why do they need a "consultation... By Martin Lukes
January 27, 2010
Notes from inside
...year. I know you have the ear of the Pope, Obama, Lakshmi et al, but I ask you humbly to let this be strictly “off the record...comSUBJECT: Elephant in my blog! Darling F – Spoke to Seth who is v optimistic but says we must keep it hush hush for now as extremely...the hold-up? Can’t you tell them that Bill and Lakshmi et el are waiting for me? And why do they need a “consultation...
January 4, 2008
A question of competition
...lacklustre announcer and just eight games a year – is not much of a product.The big cable companies – Time Warner, Cablevision et al – would offer the channel on their “sports tier” to all those who want it. But the NFL insists on being included in the... By Christopher Caldwell
January 19, 2008
Dubai hotels
...the hotel is the work of American owner and long-time Dubai resident Mona Hauser, an erudite guide to all things Emirati. Al Fahidi roundabout, behind Basta Art Café, tel; +971 4-353 5383 www.xvagallery.com Shangri-La Hotel Forty-three...
July 27, 2009
Verizon to offer free WiFi to broadband customers
Verizon Communications, the US telecommunications...move represents a sudden about-face for Verizon, which unlike some of its biggest competitors...Under the terms of an earlier agreement, Verizon has provided WiFi access through Boingo... By Paul Taylor in New York
April 22, 2005
Wall St ends volatile week with a sell-off
...strength of the US economy and the prospects for corporate earnings in the months ahead. “People are very nervous,” said Al Goldman, chief market strategist at AG Edwards. Market watchers said the big swings in share prices in recent sessions were...shares rocketed more than 74 per cent after it agreed to a historic merger with the New York Stock Exchange. Nasdaq Stock Market Inc, the NYSE’s biggest rival, jumped 28 per cent for the week after it agreed to acquire Instinet, an electronic trading... By Kevin Allison in New York
April 8, 2008
Leveraged loans
...also help to restore some sort of market price in the illiquid and depressed leveraged loan market – perhaps serving as a catalyst to kick start trading. For the private equity giants TPG, Blackstone and Apollo, the deal offers an opportunity to put...firms to get them to take the leveraged loans off its hands. Even if the loans are bought at a steep discount to par, TPG et al are likely to need to gear up their purchase if they want to hit their return hurdles. If Citi does provide leverage, the...