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08 Nov

Treasury Rejects Sale of Tax Credits to Goldman

As expected, the Treasury Department blocked the sale of Fannie Mae's unused tax credits to Goldman Sachs late Friday, arguing that the government would lose more money on taxes than it would gain from the proposed deal. ...


EBay Settles Suit Over Skype Sale

EBay has formally settled the litigation around its sale of Skype, settling a dispute with the online calling service's founders. ...


Madoff Trustee Drops $279 Million Merkin Claim

The trustee liquidating Bernard L. Madoff's investment firm has dropped a $279 million claim against the New York financier J. Ezra Merkin's hedge funds, which invested one-fourth of their money with the now-convicted swindler. ...


Like Son, Like Father at JPMorgan Chase

Jamie Dimon, chief executive of JPMorgan Chase, no longer has to look very far for parental advice. His father is joining the bank's securities business. ...

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Landry's: The New Frankenstein?

The Deal Professor examines the buyout of Landry's Restaurant, a leveraged deal that was terminated in the financial crisis and resurrected from the dead this week. ...

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'I'm Sorry' That Citigroup Exists, Ex-Chief Says

John S. Reed, who helped engineer the merger that created Citigroup more than a decade ago, is apologizing for his role in creating a bank that required a $45 billion government bailout. ...

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