Posts Tagged ‘Company’
Cummings Says AIG Bonus Reductions Not a `Favor’ to U.S.: Video
Feb. 3 (Bloomberg) — U.S. Representative Elijah Cummings, a Maryland Democrat, talks with Bloomberg’s Peter Cook about American International Group Inc.’s payment of bonuses to its financial products division .
Employees in the bailed-out insurer’s financial products unit, which sold the derivatives that drove New York-based AIG to the brink of collapse, agreed to forgo about three-quarters of the $26 million in retention bonuses that the U.S. paymaster asked be forfeited, said people with knowledge of the matter.(Source: Bloomberg)
Duration : 0:3:17
Bensignor Says Go Long on Discover, Short Capital One: Video
Jan. 27 (Bloomberg) — Rick Bensignor, chief market strategist at Execution LLC, talks with Bloomberg’s Pimm Fox about his investment strategy.
Bensignor says he recommends going long on Discover Financial Services while shorting Capital One Financial Corp against it. (This is an excerpt from the full interview. Source: Bloomberg)
Duration : 0:3:26
Cummings, Baucus Demand Geithner Testify About AIG: Video
Jan. 8 (Bloomberg) — Representative Spencer Bachus, the top Republican on the Financial Services Committee, has joined Democrat Elijah Cummings, chairman of the Oversight and Government Reform Committee, in calling for Treasury Secretary Timothy Geithner to testify about the efforts of the Federal Reserve Bank of New York to limit American International Group Inc.s disclosures of payments to banks. Bloomberg’s Lizzie O’Leary reports. (Source: Bloomberg)
Duration : 0:1:18
Branthover Discusses Outlook for CEO Turnover in 2010: Video
Dec. 23 (Bloomberg) — Jeanne Branthover, head of financial services at Boyden Global Executive Search, talks with Bloomberg’s Julie Hyman and Mark Crumpton about the outlook for turnover among chief executive officers in 2010.
Branthover says unemployed chief executives “always find other jobs.”
(Source: Bloomberg)
Duration : 0:6:25
Frank Says New Wall Street Rules Would Reduce Risk: Video
Dec. 11 (Bloomberg) — U.S. Representative Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, talks with Bloomberg’s Lizzie O’Leary about the House vote on strengthening financial industry rules and the outlook for similar legislation to pass in the Senate.
The House voted to tighten rules for derivatives and create powers to break apart large, healthy financial firms that threaten the economy in legislation passed today over objections from Wall Street and Republicans. (Source: Bloomberg)
Duration : 0:5:48