Lazard CEO Wasserstein hospitalized for irregular heartbeat; in serious but stable conditionOctober 12th, 2009 Lazard CEO Bruce Wasserstein hospitalizedNEW YORK — Bruce Wasserstein, a prominent Wall Street dealmaker and CEO of Lazard Ltd., was hospitalized with an irregular heartbeat. Wasserstein is in serious but stable condition and is recovering, the company said in a statement late Sunday.
Obama warns Wall Street: If risk-taking produces new crisis, no new bailout can be expectedSeptember 14th, 2009 Obama warns Wall Street againt high-risk behaviorNEW YORK — President Barack Obama says he sees new signs of the kind of high-risk business behavior that nearly caused a financial meltdown a year ago and is warning Wall Street there won't be another bailout. In a widely anticipated speech in the heart of New York's financial district, Obama also said he feels confident that the country's financial system has been steadied.
On Wall Street, Obama says some firms not learning lessons of Lehman and the financial crisisSeptember 14th, 2009 Obama: Some Wall St. firms ignoring Lehman lessonsNEW YORK — President Barack Obama says some Wall Street firms are ignoring the lessons of the Lehman Brothers collapse.
Former Merrill Lynch dealmaker Andrea Orcel tapped to lead global banking for Bank of AmericaSeptember 11th, 2009 Fmr Merrill dealmaker to lead BofA global bankingNEW YORK — Bank of America has named Andrea Orcel, one of the bank's top remaining Merrill Lynch holdovers, as its executive chairman, Global Banking & Markets. Orcel will be responsible for strategy and working with other major corporations, along with investors and governments around the world.
Springsteen reschedules Nashville show; arena says he'll perform whole 'Born to Run' albumAugust 7th, 2009 Bruce Springsteen reschedules Nashville showNASHVILLE, Tenn. — Bruce Springsteen & The E Street Band have moved their Sept.
Summers: Wall Street firms in better health now thanks to gov't; paybacks of aid good signJuly 17th, 2009 Summers: Wall Street firms better thanks to gov'tWASHINGTON — President Barack Obama's top economic adviser says the improved health displayed by some large Wall Street firms would have been impossible without government help. Lawrence Summers, the director of the White House's National Economic Council, said Friday that the ability of certain large banks to pay the Treasury back for large infusions of taxpayer money is a positive and favorable sign.
Federal authorities say 6 peoploe have been arrested in Wall Street securities fraud caseJuly 8th, 2009 6 arrests in Wall Street fraud caseNEW YORK — Federal authorities say six people have been arrested in a securities fraud investigation involving a Wall Street brokerage firm. The case involves an alleged $140 million scheme that spanned a decade.
Man arrested for driving under the influence allegedly tries to bribe officers to 'go away'June 24th, 2009 Man nabbed for DUI accused of trying to bribe copsATHENS, Ala. — Athens Police Capt.
J. Crew cashing in on Michelle Obama's lookMay 31st, 2009 NEW YORK - J. Crew is gaining momentum in Wall Street, courtesy Michelle Obama, who is often seen decked out in the clothing chain's designs.
Hartford, Conn., man left paralyzed, mute after being struck by hit-and-run driver in '08 diesMay 12th, 2009 Victim of '08 hit-and-run in Hartford, Conn., diesHARTFORD, Conn. — A Hartford man left paralyzed and mute after being struck by a hit-and-run driver last year and then left alone in the street by passing motorists and pedestrians has died.
Correction: Wall Street-Week Ahead storyMay 5th, 2009 Correction: Wall Street-Week Ahead storyNEW YORK — In a May 3 story about the upcoming week on Wall Street, The Associated Press misidentified the firm for which Tim Speiss works. Speiss is chairman of the personal wealth adviser division at Eisner LLP, not Ensnare LLP.
Michael Douglas, Oliver Stone head back to 'Wall Street' with sequel to 1987 money sagaApril 28th, 2009 Douglas, Stone head back to 'Wall Street'LOS ANGELES — Michael Douglas and Oliver Stone are going to show us the money again with a sequel to their 1987 hit "Wall Street."
Douglas is reprising his role as Gordon Gekko and Stone is on board again to direct the sequel, which for now has the working title "Wall Street 2," said 20th Century Fox spokesman Gregg Brilliant. Brilliant said the project is timely and relevant given the state of the world.
Singapore court fines Wall Street Journal editorMarch 19th, 2009 SINGAPORE - A Singapore justice Thursday fined an editor of The Wall Street Journal 10,000 Singapore dollars ($6,600) for three articles that the city-state's government said showed contempt of its judiciary, a news report said. Melanie Kirkpatrick, a deputy editor of the New York-based business newspaper's editorial page, had acknowledged responsibility for the publication of the articles in The Wall Street Journal Asia that the justice found to be in contempt of court.
Wall Street plummets amid global sell-offMarch 3rd, 2009 NEW YORK - Wall Street plunged Monday with the Dow Jones average dropping almost 300 points to go below 7,800 amid global sell-off. All major indexes plunged more than 3 percent at the closing.
India allows Wall Street Journal to publish facsimile editionFebruary 10th, 2009 NEW DELHI - The government Wednesday gave approval to two foreign newspapers, the Wall Street Journal and the Wall Street Journal Asia, to publish their facsimile editions from India. This is for the first time the government has approved the publication of the facsimile edition of foreign newspapers.
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