Categories: investment banks

Fine: Morningstar Founder Expresses Interest in BusinessWeek

Posted by: Justin Bachman on August 04

Joe Mansueto, the founder of investing research firm Morningstar (MORN), has expressed interest in potentially acquiring BusinessWeek, Jon Fine reports here. Mansueto bought Inc. and Fast Company magazines in 2005....

The Saga of Thain and Lewis

Posted by: Matthew Goldstein on January 22

John Thain is out at Bank of America. The last straw for the former Merrill Lynch chief executive officer was the news that a number of top executives at the...

BofA Needs to Cut its Dividend

Posted by: Matthew Goldstein on January 15

Bank of America reportedly needs billions of dollars in additional federal money to help it complete its acquisition of Merrill Lynch. But before Treasury hands over a single penny, shouldn’t...

The New Wachovia

Posted by: Matthew Goldstein on September 29

Talk about fast transformations. It was only a week ago when Goldman Sachs and Morgan Stanley shed their investment banking skins to become commercial banks in a bid to stem...

Stan O'Neal's Hedge Fund Return?

Posted by: Matthew Goldstein on September 25

When E. Stanley O’Neal ran Merrill Lynch, the big Wall Street brokerage started to resemble a giant hedge fund--juicing its returns with a big bet on tens of billions of...

Big Bailout Isn't a Slam Dunk

Posted by: Matthew Goldstein on September 21

Late last week investors cheered the news that the federal government was racing to put together a massive $700 billion bailout package for the financial system. A huge two-day rally...

It's Not the Shorts

Posted by: Matthew Goldstein on September 19

Let's be honest, short sellers will never win any popularity contests on Wall Street. It's hard to warm-up to traders who make a killing when stock prices tumble. So that's...

Merrill's AIG Problem

Posted by: Matthew Goldstein on September 16

John Thain may have struck a deal to sell Merrill Lynch to Bank of America at just the right time, and for a whopping 70% premium to boot. That’s because...

More Concerns About Lehman's Board

Posted by: Emily Thornton on September 15

I see Dennis Berman shares the concerns I noted (see: Where Was Lehman's Board?) last week about Lehman Brothers -- here's his take in WSJ.com's Deal Journal. What's yours?...

Where Was Lehman's Board?

Posted by: Emily Thornton on September 12

As Lehman’s stock continued to spiral downward to close on Friday at $3.60 -- a level the company has not seen for over a decade -- more investors started to...

Lehman Endgame Looks Ugly

Posted by: Matthew Goldstein on September 12

It’s looking like Lehman Brothers may not be able to count on the federal government for any help in its hour of need and that has all of Wall Street...

Lehman Needs a Friend

Posted by: Matthew Goldstein on September 11

updated at 4:20 p.m. ET Lehman Brothers appears to be coming around to the conclusion that it can't make it alone. Wall Street was abuzz with speculation Thursday that the...

Lehman's Swaps Reach Bear's Levels

Posted by: Lauren Young on September 11

This was written by Ben Levisohn, a staff editor at BusinessWeek Yesterday, Lehman Brothers tried to defuse massive talk of its imminent demise as an independent firm by disclosing plans...

Is it time for Lehman to go private?

Posted by: Emily Thornton on September 10

Here’s a thought: At its current price, should Lehman Bros. go private? As Lehman Brothers’ stock sunk 7% on Sept. 10, investors in some corners of Wall Street began to...

Lehman's Fuld Goes Begging

Posted by: Matthew Goldstein on September 10

Richard Fuld used to be one of Wall Street’s titans. But the Lehman Brothers CEO now finds himself in desperate straits; essentially begging investors and clients to give him more...

Lehman Souvenirs

Posted by: Matthew Goldstein on September 09

Talk about gallows humor. With Wall Street buzzing Tuesday over what will happen to Lehman Brothers, sources say pens with the Lehman name printed on them were a hot commodity...

Time Isn't Lehman's Friend

Posted by: Matthew Goldstein on September 08

Updated 1:28 PM (EDT) The clock is ticking for Lehman Brothers. Lehman shares plunged more than 15% in early afternoon trading, as investors began worrying anew about the firm’s ability...