Tag Archive | "agency"

Write-Offs: 06.14.10

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$$$ Dealing With A Toxic Resume [Fins]

$$$ Summer Bummer For Wall Street [Crain's]

$$$ Treasury Dept Undermining Key Derivatives Reform [HP]

$$$ CAA Negotiating $200M Investment From KKR: Partners Want To Cash Out Of Agency [DH]

$$$ Fortress President Mike Novogratz Talks Shop [Opalesque]



Article courtesy of Dealbreaker

Lexmark Wins $127 Million Social Security Printer Contract

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Lexmark (LXK) this morning said it received a five-year contract from the Social Security Administration for color and monochrome laser printers and multi-function printers worth an estimated $127 million. The hardware will be used for general office printing by the agency’s 62,000-plus employees.
LXK is up $1.40, or 3.8%, to $37.86.

Article courtesy of BARRONS.com: Tech Trader Daily

Google: FTC Staff Reportedly Seeks Suit To Block AdMob Deal

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The U.S. Federal Trader Commission staff wants the agency to file an antitrust suit to block Google’s (GOOG) proposed $750 million acquisition of AdMob, Bloomberg reports, citing “three people familiar with the matter.” The decision, the story notes, is up to the five-member commission.
A spokesman for Google told the wire [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Ever Wondered How They Deal With The Naughty Finance Execs In North Korea?

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Wonder no longer.

Just messing, they kill them.

North Korea has executed a senior official blamed for currency reforms that damaged the already ailing economy and potentially affected the succession, a news agency in South Korea reported today. Pak Nam-gi was killed by firing squad last week, said Yonhap, citing multiple sources. The Workers party chief for planning and the economy had not been seen in public since January. The 77-year-old was put to death as “a son of a bourgeois conspiring to infiltrate the ranks of revolutionaries to destroy the national economy”, the agency said.

North Korean finance chief executed for botched currency reform [The Guardian]

Article courtesy of Dealbreaker

Top SEC Economist James Overdahl Quits

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Apparently he’d had it with the commission’s freaky ass rules. Publicly, he’s talking about the ones relating to short selling, though odds are he wasn’t thrilled about this shit, either.

The U.S. Securities and Exchange Commission’s top economist is leaving the agency after Chairman Mary Schapiro merged his office with another and passed short- selling rules that hedge funds said ignored financial analysis.

James Overdahl, whose office reviews potential regulations to determine whether benefits outweigh costs, said in an e-mail today that he will step down March 31 to join NERA Economic Consulting. He joined the SEC in 2007 from the Commodity Futures Trading Commission, where he also served as the top economist.

Article courtesy of Dealbreaker