Business

FYI: Moynihan Wont Tell Employees to Leave
Business

FYI: Moynihan Wont Tell Employees to Leave

Bloomberg Television’s Erik Schatzker spoke to Bank of America CEO Brian Moynihan this morning, live from Davos, Switzerland. Moynihan said that talks to cut employees’ pay are “honest and open” and that he doesn’t share Morgan Stanley CEO Gorman’s opinion […]

Jobless Claim Numbers: A Mixed Bag
Business

Jobless Claim Numbers: A Mixed Bag

Jobless claims climbed by 21,000 to a seasonally adjusted 377,000 in the week ended Jan. 21. Jobless claims number are released every Thursday by the The U.S. government. Analysts were expecting the number to rise to  rise to 373,000 from last week’s […]

The FSA’s Statement on the Einhorn Fine
Business

The FSA’s Statement on the Einhorn Fine

For getting a background about this statement shared below, please read these links: 1 – https://www.valuewalk.com/2012/01/greenlight-capital-responds-to-insider-trading-charges/ 2 – https://www.valuewalk.com/2012/01/is-david-einhorn-guilty-of-insider-trading/ After reading the above pieces, now see the statement below (taken from WSJ): The Financial Services Authority (FSA) has decided to fine David […]