break up posts
FeedPosted Jul 21st 2008 8:57AM by Laurie Pasternack (RSS feed)
Filed under: Newspapers, Magazines, Citigroup Inc. (C), Federal Natl Mtge (FNM), Goldman Sachs Group (GS)
MAJOR PAPERS:
- People with the matter said that Ken Wilson, The Goldman Sachs Group Inc's (NYSE: GS) most senior financial-institutions broker, will temporarily exit the firm, the Wall Street Journal reported, in an effort to advise Treasury Secretary Henry Paulson on how to resolve the country's banking crisis.
- The American Federation of State, County, and Municipal Employees, a union with a stake in Citigroup Incorporated (NYSE: C) called for the financial services company to break itself up. The Financial Times reported that the demand will almost definitely be rejected by Citigroup.
OTHER PAPERS:
WEB SITES:
- According to paidContent.org, now that its cash on hand exceeds its market cap, speculation that Napster Inc (NASDAQ: NAPS) could be a takeover target heated up.