Items by By ANDREW ROSS SORKIN
NYT > Business
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DealBook Column: A Costly Toy Subsidized by Others
Posted: April 9th, 2012, 11:04pm EDT by By ANDREW ROSS SORKIN
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Using money from insurance companies to buy a baseball team seems like a lawsuit waiting to happen.
NYT > Sports
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DealBook Column: A Costly Toy Subsidized by Others
Posted: April 9th, 2012, 11:04pm EDT by By ANDREW ROSS SORKIN
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Using money from insurance companies to buy a baseball team seems like a lawsuit waiting to happen.
NYT > Business
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DealBook Column: JOBS Act Jeopardizes Safety Net for Investors
Posted: April 3rd, 2012, 7:59am EDT by By ANDREW ROSS SORKIN
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The JOBS Act is intended to help start-ups raise capital and go public, but may also lead to many more money-losing Groupon-like I.P.O.'s.
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DealBook Column: As an Adviser to El Paso, Goldman Guaranteed Its Payday
Posted: March 6th, 2012, 8:27am EST by By ANDREW ROSS SORKIN
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In an advisory role in a deal for the El Paso Corporation, Goldman Sachs was on every conceivable side of the negotiations, and El Paso may have unwittingly sold itself at far too cheap a price.
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DealBook: A.I.G. Earnings an Illusion of a Bend in U.S. Tax Laws
Posted: February 28th, 2012, 2:05pm EST by By ANDREW ROSS SORKIN
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A.I.G. is unlikely to pay a cent of taxes this year, nor by some estimates, for at least a decade, thanks to a rule that the Treasury Department bent for several hobbled companies a few years ago.
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DealBook Column: The Volcker Rule and the Costs of Good Intentions
Posted: February 14th, 2012, 8:58am EST by By ANDREW ROSS SORKIN
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The Volcker Rule, which seeks to limit risk in banking by restricting proprietary trading, is a noble effort but could have unintended consequences.
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DealBook Column: Those Millions on Facebook? Some May Not Actually Visit
Posted: February 6th, 2012, 9:53pm EST by By ANDREW ROSS SORKIN
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"Active users" add up in Facebook's prospectus, but some of those clicks aren't on the Web site.
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DealBook Column: Volcker Rule Stirs Up Opposition Overseas -- DealBook
Posted: January 30th, 2012, 9:33pm EST by By ANDREW ROSS SORKIN
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At the World Economic Forum, Wall Street's top bankers discovered that foreign governments were fighting to end the so-called Volcker Rule.
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DealBook Column: Free Pass for Matchmaking at a Setting in the Alps
Posted: January 24th, 2012, 8:04am EST by By ANDREW ROSS SORKIN
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The sky-high corporate fees at Davos are waived for heads of state and other high-ranking government officials who are the real deal makers.
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DealBook Column: One Way to Look at Private Equity
Posted: January 17th, 2012, 8:48am EST by By ANDREW ROSS SORKIN
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One low-key private equity executive, Paul S. Levy, defends his business, saying "I think it's a pretty honorable industry."
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DealBook: A Paradox Of Smaller Wall Street Paychecks
Posted: January 9th, 2012, 9:39pm EST by By ANDREW ROSS SORKIN
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While the total compensation reported by big banks may be lower, keep an eye on the compensation-to-revenue ratio.
NYT > Home Page
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DealBook: A Paradox Of Smaller Wall Street Paychecks
Posted: January 9th, 2012, 9:39pm EST by By ANDREW ROSS SORKIN
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While the total compensation reported by big banks may be lower, keep an eye on the compensation-to-revenue ratio.
NYT > Business
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DealBook Column: Two Ways for Banks to Win
Posted: December 19th, 2011, 9:32pm EST by By ANDREW ROSS SORKIN
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Should investment banks that are seeking underwriting roles in I.P.O.'s be allowed to invest client money in prospective corporate clients ahead of a potential deal?
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DealBook Column: As H.P. Shops, Its Bankers Do Very Nicely -- Andrew Ross Sorkin
Posted: November 8th, 2011, 8:21am EST by By ANDREW ROSS SORKIN
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While Hewlett-Packard’s board has taken the brunt of the criticism, Wall Street banks — which received $81 million in compensation for advice — have so far escaped scrutiny.
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DealBook Column: Groupon's Latest Value Raises Doubt -- Andrew Ross Sorkin
Posted: October 25th, 2011, 7:10am EDT by By ANDREW ROSS SORKIN
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Groupon, which recently cut its valuation by billions of dollars, may still be valued too high ahead of its initial public offering.
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DealBook Column: Volatility, Thy Name Is E.T.F.
Posted: October 11th, 2011, 7:17am EDT by By ANDREW ROSS SORKIN
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Some investors attribute recent late-day market swings to leveraged exchange-traded funds.
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DealBook Column: SecondMarket, an Exchange Lacking Volatility -- Sorkin
Posted: September 27th, 2011, 9:26am EDT by By ANDREW ROSS SORKIN
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SecondMarket is a fast-growing private stock market for start-ups that allows investors to cash-in without an initial public offering.
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DealBook Column: The Mystery of Steve Jobs's Public Giving
Posted: August 30th, 2011, 3:06pm EDT by By ANDREW ROSS SORKIN
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The co-founder of Apple, who stepped down as chief executive last week, has focused on his work and family, not philanthropy.
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DealBook: In a Bill, Wall Street Shows Its Clout
Posted: July 5th, 2011, 8:55am EDT by By ANDREW ROSS SORKIN
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A last-minute change in patent legislation before Congress demonstrates the power held by financial industry lobbyists.
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DealBook: On Obama, Wall St. Shows a Reluctance to Commit
Posted: June 27th, 2011, 9:35pm EDT by By ANDREW ROSS SORKIN
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Despite Barack Obama’s comments about “fat cats,” a number of bankers continue to back the president — although some do it quietly.
NYT > Home Page
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DealBook: On Obama, Wall St. Shows a Reluctance to Commit
Posted: June 27th, 2011, 9:35pm EDT by By ANDREW ROSS SORKIN
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Despite Barack Obama’s comments about “fat cats,” a number of bankers continue to back the president — although some do it quietly.
NYT > Business
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DealBook: In I.P.O. Price Debate, an Investment Giant Weighs In
Posted: May 31st, 2011, 6:45am EDT by By ANDREW ROSS SORKIN
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BlackRock, the money management giant, has sent a letter to British regulators arguing that banks intentionally overprice initial public offerings to raise higher fees.
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DealBook: Keeping an Eye on the Ball
Posted: May 31st, 2011, 6:42am EDT by By ANDREW ROSS SORKIN
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The purchase by the investor David Einhorn of a minority stake in the Mets has raised some questions.
NYT > Sports
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DealBook: Keeping an Eye on the Ball
Posted: May 31st, 2011, 6:42am EDT by By ANDREW ROSS SORKIN
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The purchase by the investor David Einhorn of a minority stake in the Mets has raised some questions.
NYT > Business
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DealBook: The Big Board Tunes Out Its Own Rules
Posted: April 26th, 2011, 8:36am EDT by By ANDREW ROSS SORKIN
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The New York Stock Exchange is missing a chance to be a model for good governance as it defends its planned merger with Deutsche Borse and fights off a rival bid from Nasdaq and ICE.
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DealBook: For Defense in Galleon Trial, No Time to Rest
Posted: April 12th, 2011, 6:58am EDT by By ANDREW ROSS SORKIN
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The trial of Raj Rajaratnam has captivated Wall Street as a suspenseful, complex financial version of “Law & Order” that could have a cliffhanger ending.
NYT > Home Page
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DealBook: For Defense in Galleon Trial, No Time to Rest
Posted: April 12th, 2011, 6:58am EDT by By ANDREW ROSS SORKIN
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The trial of Raj Rajaratnam has captivated Wall Street as a suspenseful, complex financial version of “Law & Order” that could have a cliffhanger ending.
NYT > Business
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DealBook: Derivatives, as Accused by Buffett
Posted: March 15th, 2011, 2:38am EDT by By ANDREW ROSS SORKIN
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Warren Buffett's comments to the Financial Crisis Inquiry Commission have been whizzing around e-mail inboxes.
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DealBook: Wall St. Joins S.E.C. in Plea for Bigger Budget
Posted: February 8th, 2011, 10:09am EST by By ANDREW ROSS SORKIN
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Some Wall Street lawyers have been lobbying Congress to get more money for the Securities and Exchange Commission, which faces a budget freeze.
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DealBook: A Hefty Price for Entry to Davos
Posted: January 24th, 2011, 10:06pm EST by By ANDREW ROSS SORKIN
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For corporate executives, the cost of being a Davos Man, or a Davos Woman, even for a couple of days, is not cheap.
NYT > Home Page
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DealBook: A Hefty Price for Entry to Davos
Posted: January 24th, 2011, 10:06pm EST by By ANDREW ROSS SORKIN
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For corporate executives, the cost of being a Davos Man, or a Davos Woman, even for a couple of days, is not cheap.
NYT > Business
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DealBook: Goldman Excludes U.S. Investors From Facebook
Posted: January 18th, 2011, 7:06am EST by By ANDREW ROSS SORKIN
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Goldman Sachs said it was restricting participation in its Facebook investment fund to clients outside the United States, in the wake of intense media attention.
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DealBook: Facebook's Google Effect
Posted: January 10th, 2011, 9:29pm EST by By ANDREW ROSS SORKIN
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Copying Facebook's private fund-raising could end badly for investors trying to be sure they don't miss out on the next big thing.
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DealBook: A Key Figure in the Future of Yahoo
Posted: December 14th, 2010, 10:51am EST by By ANDREW ROSS SORKIN
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Any speculation about a deal for Yahoo must take into account Masayoshi Son, the founder of Softbank.
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DealBook: Pulling Back the Curtain on Fraud Inquiries
Posted: December 6th, 2010, 9:11pm EST by By ANDREW ROSS SORKIN
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It’s worth looking at who is being singled out in Attorney General Eric H. Holder Jr.’s crackdown on financial fraud.
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DealBook: Tidbits, or Material Facts for Insider Trading?
Posted: November 30th, 2010, 8:14am EST by By ANDREW ROSS SORKIN
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Investors say none of the individual bits of scuttlebutt they pick up constitute material insider information.
NYT > Home Page
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DealBook: Tidbits, or Material Facts for Insider Trading?
Posted: November 30th, 2010, 8:14am EST by By ANDREW ROSS SORKIN
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Investors say none of the individual bits of scuttlebutt they pick up constitute material insider information.
NYT > Business
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DealBook: A Dim View of Betting on Start-Ups
Posted: November 23rd, 2010, 7:27am EST by By ANDREW ROSS SORKIN
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Sean Parker, of Napster and Facebook fame, has a gloomy view of the future of venture capitalism and innovation in Silicon Valley.
NYT > Home Page
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DealBook: A Dim View of Betting on Start-Ups
Posted: November 23rd, 2010, 7:27am EST by By ANDREW ROSS SORKIN
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Sean Parker, of Napster and Facebook fame, has a gloomy view of the future of venture capitalism and that once-fertile hotbed of innovation, Silicon Valley.
NYT > Business
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DealBook: G.M. Rising: Who Should Get Credit?
Posted: November 16th, 2010, 10:14am EST by By ANDREW ROSS SORKIN
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G.M.'s revival should be a case study for why the private equity business can work. But Malcolm Gladwell offers a contrarian argument.
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DealBook: A Lack of Transparency in S.E.C. Disclosure Rule
Posted: November 8th, 2010, 9:51pm EST by By ANDREW ROSS SORKIN
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Has the Securities and Exchange Commission bungled its disclosure rules?
That’s the question being whispered around Wall Street trading floors after a series of company disclosures in recent weeks from the likes of Microsoft and Google that appear to have created an awful lot of confusion, potentially giving some savvy investors an edge while potentially putting the rest of us at a disadvantage.
Vaguely worded guidance allows companies to publish market-moving news directly on their own Web sites without requiring any wider distribution, Andrew Ross Sorkin writes in his latest DealBook column.
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DealBook: Big Investors Appear Out of Thin Air
Posted: November 2nd, 2010, 1:56am EDT by By ANDREW ROSS SORKIN
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Investors have swooped in and bought big stakes of companies in the United States and in France without anyone knowing. Shouldn’t something be done about these maneuvers?
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DealBook: What Exactly Is Insider Trading?
Posted: October 26th, 2010, 1:34am EDT by By ANDREW ROSS SORKIN
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The S.E.C. is no longer just making sure a small circle of employees are not abusing their positions; it is focused on making sure the markets “feel” fair.
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DealBook: Felix Rohatyn Looks Back, and Sighs
Posted: October 18th, 2010, 9:58pm EDT by By ANDREW ROSS SORKIN
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About to publish a memoir about his major deals in finance, the longtime Lazard banker reveals some uneasiness about his own industry and its effect on society.
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DealBook: A Sale of Yahoo? Not So Fast
Posted: October 14th, 2010, 10:25am EDT by By ANDREW ROSS SORKIN
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While media reports about a potential AOL-private equity deal for Yahoo have deal-makers chattering, the truth is that any sale is far down the road.
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Dealbook Column: Worrying Over China and Food
Posted: October 11th, 2010, 9:20pm EDT by By ANDREW ROSS SORKIN
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The prospect that a group backed by China may try to take over a fertilizer company has alarmed Washington, Canada and Wall Street.
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Citi to Sell Its Student Loan Unit
Posted: September 17th, 2010, 9:16am EDT by By ANDREW ROSS SORKIN
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Citigroup said Friday that it will sell its big student loan business to Sallie Mae and Discover Financial Services, a transaction it has sought as part of the bank's reorganization.
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Dealbook Column: A Walk Along Stone’s Wall Street
Posted: September 14th, 2010, 1:20am EDT by By ANDREW ROSS SORKIN
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Oliver Stone’s sequel to “Wall Street” is not likely to be embraced by the finance industry, as the original was.
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Dealbook Column: Lehman’s Last Hours
Posted: September 7th, 2010, 1:30am EDT by By ANDREW ROSS SORKIN
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New e-mails and notes released as part of a commission’s investigation provide a different version of the demise of Lehman Brothers.
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Dealbook Column: Why Wall St. Is Deserting Obama
Posted: August 31st, 2010, 3:14am EDT by By ANDREW ROSS SORKIN
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A letter from a hedge fund manager to his investors about Washington’s policies stirs up controversy on a sensitive topic among the moneyed elite.
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Dealbook Column: Are Mergers Back? Well, Sort Of
Posted: August 24th, 2010, 1:00am EDT by By ANDREW ROSS SORKIN
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Leading deal makers say that while the recent surge in merger activity may be a positive sign, the hoopla is a bit overdone.
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Dealbook Column: Why Mortgage Giants Freddie Mac and Fannie Mae Must Endure
Posted: August 16th, 2010, 11:01pm EDT by By ANDREW ROSS SORKIN
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Few people are happy with the mortgage buyers Freddie Mac and Fannie Mae, but the private market is not yet ready to step in for them.
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Rubin to Join the Boutique Bank Centerview
Posted: August 12th, 2010, 12:40am EDT by By ANDREW ROSS SORKIN
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The former Treasury secretary’s decision to work at a boutique bank will bring attention to the firm but could also rekindle questions about his Citigroup role.
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Dealbook Column: G.M.’s Subprime Loans Solution
Posted: August 10th, 2010, 1:01am EDT by By ANDREW ROSS SORKIN
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The automaker wants to pursue an initial public offering this year, but its acquisition of AmeriCredit, a subprime lender, raises questions about its strategy.
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Dealbook Column: Who Pays Citi’s Fines? Its Shareholders
Posted: August 3rd, 2010, 9:49am EDT by By ANDREW ROSS SORKIN
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The S.E.C. settlement with Citigroup looks like a victory for the good guys, but the bank’s shareholders are really the ones paying the $75 million fine.
NYT > Home Page
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Dealbook Column: Who Pays Citi’s Fines? Its Shareholders
Posted: August 3rd, 2010, 9:49am EDT by By ANDREW ROSS SORKIN
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The S.E.C. settlement with Citigroup looks like a victory for the good guys, but the bank’s shareholders are really the ones paying the $75 million fine.
NYT > Business
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Dealbook Column: Get the Rainy-Day Money Upfront
Posted: May 24th, 2010, 9:24pm EDT by By ANDREW ROSS SORKIN
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Because it isn’t clear what financial institution would be in a position to pay into an emergency fund once a crisis begins, the prepay version of the financial bill makes most sense.
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Dealbook: When Deals on Wall St. Resemble a Casino Wager
Posted: April 20th, 2010, 7:35am EDT by By ANDREW ROSS SORKIN
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Why was Goldman, or any regulated bank, allowed to create and sell a product like the synthetic C.D.O. at the center of the government’s case?
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Dealbook Column: Giving Wall Street a Head Start, Again
Posted: March 23rd, 2010, 12:05am EDT by By ANDREW ROSS SORKIN
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A judge’s recent decision could presage a larger effort by Wall Street banks to limit the distribution of news about their research.
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Dealbook: So Where’s Consumer Protection?
Posted: March 9th, 2010, 1:20am EST by By ANDREW ROSS SORKIN
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Should a consumer protection agency have true independence, as many Democrats believe it should, so that it has real power to act on its own?
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Dealbook Column: Buffett Casts a Wary Eye on Bankers
Posted: March 2nd, 2010, 12:05am EST by By ANDREW ROSS SORKIN
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In his annual letter to shareholders, Warren Buffett took a shot at Wall Street and the incentive system for corporate “advice” on deals.
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Dealbook Column: Once Junk, Duane Reade Now a Gem
Posted: February 22nd, 2010, 11:01pm EST by By ANDREW ROSS SORKIN
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Duane Reade is as much a story about selling milk and toothpaste at 2 a.m. as it is about Wall Street, financial engineering and shifts in the private equity industry.
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Dealbook Column: Shareholders Deciding a Dividend
Posted: February 9th, 2010, 12:59am EST by By ANDREW ROSS SORKIN
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The dividend, which private equity firms routinely paid to themselves until the economy turned against them, is back.
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Dealbook: Bankers in Davos Seek a United Message on Volcker Rule
Posted: February 2nd, 2010, 12:47am EST by By ANDREW ROSS SORKIN
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At the World Economic Forum, contentious discussions centered on President Obama’s plan to restrict proprietary trading.
NYT > Home Page
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DealBook Column: Wall St. Ethos Under Scrutiny at Hearing
Posted: January 14th, 2010, 3:17am EST by By ANDREW ROSS SORKIN
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An exchange at a financial hearing in Washington laid bare a truth about Wall Street: if there’s a buyer, no matter how sophisticated, there’s a seller.
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DealBook Column: Wall St. Ethos Under Scrutiny at Hearing
Posted: January 14th, 2010, 3:17am EST by By ANDREW ROSS SORKIN
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An exchange at a financial hearing in Washington laid bare a truth about Wall Street: if there’s a buyer, no matter how sophisticated, there’s a seller.
NYT > Business
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DealBook Column: Wall St. Ethos Under Scrutiny at Hearing
Posted: January 13th, 2010, 11:06pm EST by By ANDREW ROSS SORKIN
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An exchange at a financial hearing in Washington laid bare a truth about Wall Street: if there’s a buyer, no matter how sophisticated, there’s a seller.
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Goldman E-Mail Message Lays Bare Trading Conflicts
Posted: January 13th, 2010, 12:08am EST by By ANDREW ROSS SORKIN
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An executive told a group of select clients that the firm sometimes used investment strategies before clients got them. A spokesman noted this has always been disclosed.
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Goldman Acknowledges Conflicts With Clients
Posted: January 12th, 2010, 1:23pm EST by By ANDREW ROSS SORKIN
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A senior Goldman Sachs executive sent an e-mail to clients on Tuesday disclosing that firm's Fundamental Strategies Group, which often generates trading ideas, may have shared those investment strategies with the firm's proprietary trading group or some clients before sharing them with others.
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Dealbook Column: What the Financial Crisis Commission Should Ask
Posted: January 11th, 2010, 11:05pm EST by By ANDREW ROSS SORKIN
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Used correctly, the Financial Crisis Inquiry Commission hearing on Wednesday could steer current reform efforts.
NYT > Home Page
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Dealbook Column: What the Financial Crisis Commission Should Ask
Posted: January 11th, 2010, 11:05pm EST by By ANDREW ROSS SORKIN
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Used correctly, the Financial Crisis Inquiry Commission hearing on Wednesday could steer current reform efforts.
NYT > Business
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Dealbook: Bailout Refund Is All About Pay, Pay, Pay
Posted: December 8th, 2009, 12:47am EST by By ANDREW ROSS SORKIN
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With Bank of America trying to recruit a new chief executive, it needed to repay the bailout moneys so it would be able to offer a competitive compensation package.
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Dealbook: A Financial Mirage in the Desert
Posted: December 1st, 2009, 2:42am EST by By ANDREW ROSS SORKIN
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With the benefit of hindsight, there were plenty of signs that Shariah-compliant investments were just as risky as their Western counterparts.
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Dealbook: Beware the Result of Outrage
Posted: November 24th, 2009, 3:25am EST by By ANDREW ROSS SORKIN
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A proposal that would force a company’s creditors to take less than they are owed if a bailout is necessary could have the result of making credit harder to get.
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DealBook Column: Do Stockholders Really Know What’s Best?
Posted: November 17th, 2009, 1:20am EST by By ANDREW ROSS SORKIN
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Kraft’s bid for Cadbury — and the ensuing outcry among shareholders — is Exhibit A in the argument that the notion of shareholder democracy isn’t all it’s cracked up to be.
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Dealbook: Investment Indigestion at Stanford
Posted: October 6th, 2009, 2:44am EDT by By ANDREW ROSS SORKIN
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The university appears to be rethinking an investment strategy that relies on big bets on illiquid assets like real estate.
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DealBook: A Financier Peels Back the Curtain
Posted: September 22nd, 2009, 2:05am EDT by By ANDREW ROSS SORKIN
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Guy Hands, perhaps best known for his unfortunate $4.73 billion purchase of EMI in 2007, offered an unvarnished appraisal of the private equity business.
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Citi’s Parsons Said to Join Equity Firm
Posted: September 16th, 2009, 1:24am EDT by By ANDREW ROSS SORKIN
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The position at Providence, which Dick Parsons plans to pursue part time, will put him back into the deal-making fray in the media world.
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Dealbook: A Tough Crowd on Wall Street
Posted: September 15th, 2009, 3:19pm EDT by By ANDREW ROSS SORKIN
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Even industry leaders agree that reform is necessary, but they seemed unhappy with the president’s stern lecture.
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Dealbook: A Breakdown on Handling Big Failures
Posted: September 8th, 2009, 1:21am EDT by By ANDREW ROSS SORKIN
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The United States appears to be in no better position today to manage the failure of a large financial institution than it was a year ago.
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Dealbook: A Back to Basics Weekend With Warren Buffett
Posted: May 4th, 2009, 11:31pm EDT by By ANDREW ROSS SORKIN
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At Berkshire Hathaway’s meeting, the investor served up advice that was too commonly ignored before the credit crisis.
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Dealbook: Stress Tests? No Big Deal After All
Posted: April 28th, 2009, 1:29am EDT by By ANDREW ROSS SORKIN
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To listen to the government, the tests may be nothing more than a way to gauge how much help a bank will need.
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DealBook Column: Sirius XM’s Fate at Stake in a Radio Cliffhanger
Posted: February 17th, 2009, 1:43am EST by By ANDREW ROSS SORKIN
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With Tuesday the due date for the company’s debt, a deal with a high-profile investor was said to be near.
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Pfizer Said to Be Closing In on Deal for Wyeth
Posted: January 24th, 2009, 12:09am EST by By ANDREW ROSS SORKIN
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The purchase of Wyeth by Pfizer for more than $60 billion could be completed over the weekend.
NYT > Home Page
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Pfizer Said to Be Closing In on Deal for Wyeth
Posted: January 24th, 2009, 12:09am EST by By ANDREW ROSS SORKIN
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The purchase of Wyeth by Pfizer for more than $60 billion could be completed over the weekend.
NYT > Business
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Dealbook: Obama’s Bailout Challenge
Posted: January 19th, 2009, 11:35pm EST by By ANDREW ROSS SORKIN
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Britain on Monday set the stage for a full takeover of its banking system. Now, Barack Obama is trying to figure out how to shore up this nation’s banking industry as its crisis snowballs.
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Billionaire Seeks Deal in Times Co.
Posted: January 19th, 2009, 12:00am EST by By ANDREW ROSS SORKIN
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Carlos Slim Helú is near a deal to invest about $250 million in The New York Times Company, according to people briefed on the transaction.
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DealBook Column: In Madoff, a Court Trusts
Posted: January 13th, 2009, 12:13am EST by By ANDREW ROSS SORKIN
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Someone without a bank account like Bernard L. Madoff’s surely would be locked up by now. Of course, this has always been the way of the white-collar world.
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DealBook Column: Eating Crow at a Dinner for Wall St.
Posted: January 5th, 2009, 11:14pm EST by By ANDREW ROSS SORKIN
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Many heavy hitters on Wall Street, even those who did not get burned badly, should be glad that 2008 is history.
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DealBook Column: How the Fed Reached Out to Lehman
Posted: December 15th, 2008, 11:42pm EST by By ANDREW ROSS SORKIN
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Officials who had refused to risk taxpayers’ money on Lehman Brothers before it collapsed did just that after it collapsed. The mystery loan is one piece of a larger puzzle.
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DealBook Column: How the Fed Reached Out to Lehman
Posted: December 15th, 2008, 11:42pm EST by By ANDREW ROSS SORKIN
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Officials who had refused to risk taxpayers’ money on Lehman Brothers before it collapsed did just that after it collapsed. The mystery loan is one piece of a larger puzzle.
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Dealbook: Putting a Value on a C.E.O.
Posted: December 1st, 2008, 10:24pm EST by By ANDREW ROSS SORKIN
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For better or worse, you, fellow taxpayer, are an investor in Citigroup and other banks. You have a vested interest in Citigroup’s success. If this giant falls, we all lose.
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Dealbook Column: Where Was Geithner in Turmoil?
Posted: November 24th, 2008, 11:50pm EST by By ANDREW ROSS SORKIN
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The experience that Timothy F. Geithner, former head of the N.Y. Fed and current nominee for Treasury secretary, brings to the table can be looked at as an asset or a liability.
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Dealbook: One Day Doesn’t Make a Trend
Posted: October 21st, 2008, 12:22am EDT by By ANDREW ROSS SORKIN
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Need a mortgage? An auto loan? If you are a business or consumer, it’s almost as hard to get a loan this week as it was last.
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Mitsubishi and Morgan Stanley Renegotiating
Posted: October 12th, 2008, 6:13pm EDT by By ANDREW ROSS SORKIN
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The embattled investment bank Morgan Stanley agreed to give the Japanese bank preferred stock that pays a 10 percent dividend instead of common stock.
NYT > Home Page
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Mitsubishi and Morgan Stanley Renegotiating
Posted: October 12th, 2008, 6:13pm EDT by By ANDREW ROSS SORKIN
Tags: [edit]
The embattled investment bank Morgan Stanley agreed to give the Japanese bank preferred stock that pays a 10 percent dividend instead of common stock.
NYT > Business
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DealBook: A Bailout Above the Law
Posted: September 23rd, 2008, 2:26am EDT by By ANDREW ROSS SORKIN
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The proposed legislation is the financial equivalent of the Patriot Act.
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DealBook: Summer Story Lines Have Legs
Posted: August 25th, 2008, 11:42pm EDT by By ANDREW ROSS SORKIN
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With Wall Street virtually empty, it is worth trying to peer around the corner to see what will happen when everyone gets back to business after Labor Day.
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Ex-HBO Chief Quits Latest Job
Posted: August 13th, 2008, 12:15am EDT by By ANDREW ROSS SORKIN
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Chris Albrecht, the former chief executive of HBO, said that he had stepped down from his role running IMG’s media and entertainment business.
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Ex-HBO Chief Quits Latest Job
Posted: August 13th, 2008, 12:15am EDT by By ANDREW ROSS SORKIN
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Chris Albrecht, the former chief executive of HBO, said that he had stepped down from his role running IMG’s media and entertainment business.
