The Cops Just Weren't On The JPM and FB Beats

Source: Forbes

Not one of the 110 regulators inside JP Morgan Chase’s NYC headquarters was overseeing the bank’s $370 billion Chief Investment Office that was in effect just one big hedge fund making huge bets using indexes of credit defaul swaps t ...
Full article at: Forbes  More like this  2 hours ago

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Dearth of mining deals rattles Bay Street

Source: Globe and Mail

TIM KILADZE AND JACQUELINE NELSON From Saturday's Globe and Mail Published Saturday, May. 26, 2012 8:00AM EDT Behind closed doors, it is a scenario that bankers on Bay Street have feared for months, even ye ...
Full article at: Globe and Mail  More like this  3 hours ago

Why that flat Facebook IPO isn’t so bad after all

Source: Daily Chronicle

NEW YORK – The botched offering of Facebook stock raised several troubling questions, but at least we don’t have to worry about the one that plagues many IPOs: How are a few select investors able to buy in early at lower prices and th ...
Full article at: Daily Chronicle  More like this  4 hours ago

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Recto Bank: Petroleum Discovery’s Gateway?

Source: Manila Bulletin

MANILA, Philippines --- To the energy secretary, if the estimated huge reserves at the Recto Bank will be realized – it can redeem the country on its long-term quest for new gas finds. “The potential (at the Recto Bank, which is also called the Reed Bank ...
Full article at: Manila Bulletin  More like this  7 hours ago

Farr faces challengers fresh and familiar in new 20th Congressional District

Source: Monterey County Herald

is the odds-on favorite to win another term in a district where Democrats outnumber Republicans by a 53-22 percent margin, he isn't assuming anything. There are differences this year about the congressional race on the Central Coast. The district, re ...
Full article at: Monterey County Herald  More like this  10 hours ago

Facebook IPO is flashback to dot-com class action

Source: Reuters.co.uk

This is not the first time investors in a hot tech company's initial public offering have alleged that underwriters favored their regular clients at the expense of the little guys. In the tech bubble of the late 1990s, IPO investors became ...
Full article at: Reuters.co.uk  More like this  11 hours ago

When would you give up banking?

Source: Wall Street Oasis

When would you find the opportunity cost of going into investment banking to be too high? In short, I've been growing my tech startup which has jumped from a 400k valuation up to 1.6mm+ valuation in the past month (according to the r ...
Full article at: Wall Street Oasis  More like this  12 hours ago

Kuwait- Asia main driver of global growth

Source: Middle East North Africa Financial Network

(MENAFN - Arab Times) The KCIC (Kuwait China Investment Company) an investment firm specializing in investments in Asia, held on Thursday its Annual General Meeting of shareholders at the company's headquar ...
Full article at: Middle East North Africa Financial Network  More like this  13 hours ago

Who’s Winning and Who’s Losing from Facebook’s Botched IPO

Source: The Burning Platform

In less than a week’s time, the Facebook IPO has gone from the most-hyped technology event since Google went public into “blame-storming” mode. Details concerning the stock’s sudden drop, the market’s inability to process or ...
Full article at: The Burning Platform  More like this  14 hours ago