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Blankfein, presidents and co-chief operating officers Jon Winkelried and Gary Cohn, chief financial officer David Viniar, and three vice chairmen -- J. Michael Evans, Michael Sherwood and John Weinberg -- asked the board's compensation committee that...
Bank of America will buy Merrill Lynch. For John Thain to have to sell despite having sold tons of assets to try to remain afloat, tells me that if Merrill has to be sold, then those infected with toxic assets will have to be absorbed as well. It also...
The call to short the bugger at US139 now looks really good. As I am posting this Nymex Oil is at US123. Assuming I am holding the short position at US139, what do I do now? Take profit? Let it ride?
Finally, a good sports topic for all to discuss over lunch and drinks. Many business people love golf. I just love to play bad golf (if you know what I mean). Paul Kedrosky's site has an interesting piece on Tiger's ability to surpass Nicklaus' majors...
Live Vicariously
Does Malaysia have a music scene? If you have to ask, then we''ll have to make front-row reservations for you at No Black Tie this week. For at No Black Tie, we pride ourselves in bringing a diverse range of musicians to our stage...
Khazanah sold 703 million ringgit ($207 million) of shares in Malaysian power utility Tenaga Nasional, part of a government push to trim stakes in state-linked companies to boost liquidity. Malaysia’s state investment arm sold 86.75...
I was in New York when the Tiger story broke, at first most people thought that it was a genuine accident and the media was making too much fuss over it. It was unbelievable how many channels were covering the news ~ hypothesis ~ pure gossip ~...
Wow! What a deal ... but maybe 5 years too late??!! At a time where everybody is Facebooking or migrating to Facebook, it is hard to see real long term values in having Friendster.
WSJ: Vincent Tan reached a deal to acquire Friendster Inc., a...