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DealBook

A financial news service of The New York Times.
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Fed Sees No Need to Raise Interest Rates Soon

Nov 5, 2009
The Federal Reserve signaled on Wednesday it was not close to raising interest rates, saying that the economy remained weak even though the recession appeared to be over.

S.E.C. Likely to Charge More People in Galleon Case

Nov 4, 2009
The Securities and Exchange Commission is likely to bring charges against additional defendants in its wide-ranging insider-trading case against Raj Rajaratnam and his hedge fund firm, the Galleon Group, an S.E.C. lawyer said at a court hearing on We...

Berkshire Bets on U.S. With Purchase of Railroad

Nov 3, 2009
Berkshire Hathaway, the investment vehicle of Warren E. Buffett, said on Tuesday that it planned to buy the 77.4 percent of Burlington Northern Santa Fe it did not already own for $26 billion in cash and stock, in the largest deal in Berkshire history.

Venture Firm Sets Up $575 Million Fund

Nov 2, 2009
Even amid the contraction of the venture capital industry, which fertilizes the seeds of new technology start-ups, some firms are expanding, The New York Times’s Claire Cain Miller reports.

Madoff's Accountant To Plead Guilty

Oct 30, 2009
Federal prosecutors indicated on Friday that Bernard L. Madoff's longtime auditor is expected to plead guilty next week and has agreed to cooperate with investigators.

Madoff Homes for Sale, Now at Discount Prices

Nov 10, 2009
The real estate slump has even hit Bernard L. Madoff. Federal marshals have cut the prices for his Manhattan penthouse and his home in Palm Beach, Fla.

Morgan Stanley Sees Possible M.&A. Rebound

Nov 10, 2009
Colm Kelleher, the chief financial officer of Morgan Stanley, said Tuesday that mergers and acquisitions appeared likely to rebound next year as the financial markets improve.

Europe's Challenge to Oracle Deal Has Deep Roots

Nov 10, 2009
Oracle may be about to get a taste of its own medicine, after lobbying the European Union to force one of its biggest competitors, Microsoft, to loosen its iron-like grip on software code and other intellectual property.

Bear Stearns Managers Acquitted of Fraud Charges

Nov 10, 2009
Two former Bear Stearns hedge fund managers were found not guilty of fraud charges on Tuesday.

Blankfein Says Goldman Is 'Simpler' Than Rivals

Nov 10, 2009
Lloyd C. Blankfein, chief executive of Goldman Sachs, argued Tuesday that his bank was easier to manage than its bigger rivals, and he defended Goldman against proposals to break up the biggest banks.


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