john thain

Satyam’s Raju put in Forbes `2009 Hall of Shame’

November 27th, 2009 - 12:15 am ICT by IANS
New York, Nov 26 (IANS) The Forbes, best known for its rankings of the richest and the most powerful the world over, has put Ramalinga Raju, the founder-chairman of Satyam Computers ... Read more...

Posted in Business |

AIG not the only company to pay bail-out bonuses

March 19th, 2009 - 12:06 pm ICT by IANS
Washington, March 19 (DPA) American International Group (AIG), under fire for paying $165 million in retention bonuses using government bail-out money, is not the only government beneficiary to have spent its money ... Read more...

Posted in Business |

US stocks tumble on weak economic data

January 23rd, 2009 - 6:36 am ICT by IANS
New York, Jan 23 (Xinhua) US stocks tumbled Thursday as disappointing economic data of housing and unemployment and corporate earnings report weighed on the market. Technology shares plunged as Microsoft Corp.'s quarterly ... Read more...

Posted in World |

No bonuses for Wall Street top executives amid financial crisis

December 9th, 2008 - 5:52 pm ICT by ANI
Washington, Dec 9 (ANI): Morgan Stanley, Goldman Sachs and Merrill Lynch CEOs have given up bonuses amid a climate of bank failures, thousands of layoffs and an economic recessionMorgan Stanley ... Read more...

Posted in National |

Wall Street Trader bags world record PS156mln bonus

August 13th, 2008 - 6:25 pm ICT by ANI
London, August 13 (ANI): A Wall Street trader has been given the largest bonus of 156million pounds by his employer Fortress Investment Group LLC, which wanted to stop him from leaving ... Read more...

Posted in National |

Credit crisis is not yet over: Merrill Lynch

March 8th, 2008 - 10:11 pm ICT by admin
DPA Paris, March 8 (DPA) The credit crisis in the US mortgage market is not yet over, according to US investment bank Merrill Lynch, and it is spreading to other areas. In an ... Read more...

Posted in Business |