City,new Videos
Video: Starwood's Sternlicht Discusses Commercial Real Estate: Video
from Bloomberg on December 09, 2009
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Dec. 9 (Bloomberg) -- Barry Sternlicht, chairman and chief executive officer of Starwood Capital Group LLC, talks with Bloomberg's Deirdre Bolton and Erik Schatzker about the outlook for the commercial real estate market. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: Citigroup Said to Push for TARP Payback Accord This Week: Video
from Bloomberg on December 08, 2009
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Dec. 8 (Bloomberg) -- Citigroup Inc. Chief Executive Officer Vikram Pandit is pressing the U.S. Treasury Department and regulators to agree as soon as this week on a plan to pay back $20 billion remaining from a government bailout, people familiar with the matter said. Pandit accelerated efforts after last week’s announcement by Bank of America Corp. that it had won approval to pay back $45 billion of taxpayer funds and exit the Troubled Asset Relief Program. Bloomberg's Peter Cook reports. (Source: Bloomberg)
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Video: Goldman Outlines Compensation Methods to Shareholders: Video
from Bloomberg on December 03, 2009
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Dec. 3 (Bloomberg) -- Goldman Sachs Group inc. has been meeting shareholders since mid-October to explain its compensation principles after setting aside $16.7 billion to pay employees in the first nine months of the year. The firm posted a 14-page memo detailing compensation practices on its Web site this month. Bloomberg's Jon Erlichman reports. (Source: Bloomberg)
Video: Columnist Schroeder on Goldman Banker Pistol Permits: Video
from Bloomberg on December 01, 2009
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Dec. 1 (Bloomberg) -- Bloomberg columnist Alice Schroeder talks with Betty Liu about reports that senior bankers at Goldman Sachs Group Inc. are applying for pistol permits. Schroeder also discusses filing a Freedom of Information Act request with New York Police Department to confirm the information, the security fence that Goldman Chief Executive Officer Lloyd Blankfein erected at his home and steps the banks could take to quell public anger at Goldman's bonuses. (Source: Bloomberg)
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Video: Abrams Says Lower Rents Drawing Retailers to Lease Space: Video
from Bloomberg on November 27, 2009
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Nov. 27 (Bloomberg) -- Robin Abrams, a principal at Lansco, talks with Bloomberg's Betty Liu about the outlook for New York retail commercial space. Abrams also discusses the impact increased consumer spending may have on the industry and incentives landlords are instituting to attract clients. (Source: Bloomberg)
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Video: BofA May Name Stopgap CEO if Search Extends Into 2010: Video
from Bloomberg on November 23, 2009
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Nov. 23 (Bloomberg) -- Bank of America Corp.’s board may extend its search for a permanent new chief executive officer into 2010 if directors can’t settle on a candidate in the next three days, according to people familiar with the matter. The directors, who met Nov. 20, may be willing to go past their Nov. 26 target and the Dec. 31 retirement of CEO Kenneth Lewis if it means getting a better choice. Options include an interim chief or a delay in Lewis's retirement. (Source: Bloomberg)
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Video: Ex-NYSE Chief Grasso Discusses Executive Compensation: Video
from Bloomberg on November 19, 2009
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Nov. 19 (Bloomberg) -- Dick Grasso, former chief executive officer of the New York Stock Exchange, talks with Bloomberg's Pimm Fox about executive compensation in the financial industry. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: Powell Says Goldman Small-Business Plan Timing Was Right: Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Dina Powell, head of corporate engagement at Goldman Sachs Group Inc., and Gail Mellow, president of LaGuardia Community College, talk with Bloomberg's Erik Schatzker about Goldman's announcement yesterday of a $500 million charitable initiative to help 10,000 U.S. small businesses. Billionaire investor Warren Buffett, whose Berkshire Hathaway Inc. is the largest shareholder in New York-based Goldman Sachs, is also joining the effort. (Source: Bloomberg)
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Video: DiNapoli Says Wall Street Beginning Job Market Recovery: Video
from Bloomberg on November 17, 2009
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Nov. 17 (Bloomberg) -- New York state Comptroller Thomas DiNapoli talks with Bloomberg's Matt Miller and Carol Massar about the impact of the financial crisis on job losses in New York. DiNapoli's annual report on New York City's securities industry found that job cuts following the worst credit crunch since the Great Depression may not exceed 35,000. The total is about what Wall Street lost following the 2001 recession and terrorist attacks and less than the 47,000 officials predicted when preparing the city's June financial plan. (Source: Bloomberg)
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Video: Madoffs' Rolexes, Furs, Hermes Handbags Set for Auction: Video
from Bloomberg on November 13, 2009
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Nov. 13 (Bloomberg) -- Seventeen Rolexes, including an Oyster chronograph watch, fur coats and designer handbags are among the 150 to 200 lots up for auction that once belonged to Bernard and Ruth Madoff. The items will be auctioned tomorrow at the Sheraton New York Hotel & Towers to benefit victims of his $65 billion Ponzi scheme. Bloomberg's Gigi Stone reports. (Source: Bloomberg)
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Video: Bill Gates Says Wall Street Pay Is `Often Too High': Video
from Bloomberg on November 12, 2009
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Nov. 12 (Bloomberg) -- Microsoft Corp. co-founder Bill Gates, the world’s richest man, said Wall Street compensation is “often too high,” though he questioned government attempts to rein in salaries. Gates spoke last night at a talk on charitable giving at the 92nd Street Y in New York. Bloomberg's Monica Bertran reports. (Source: Bloomberg)
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Video: Costco Opens in Manhattan; U.S. Foreclosure Filings Rise: Video
from Bloomberg on November 12, 2009
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Nov. 12 (Bloomberg) -- Bloomberg's Scarlet Fu reports on the latest breaking business news and top stories in today's Business Briefs. (Source: Bloomberg)
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Video: Saltzman Discusses Robin Hood's `Food For Good' Event: Video
from Bloomberg on November 11, 2009
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Nov. 11 (Bloomberg) -- David Saltzman, executive director of the Robin Hood Foundation, talks with Bloomberg's Julie Hyman about efforts to combat poverty and feed the hungry in New York City. The Robin Hood Foundation hosts a Food for Good fundraiser tomorrow night in New York. (Source: Bloomberg)
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Video: Gartman Discusses Acquittal of Ex-Bear Fund Managers: Video
from Bloomberg on November 10, 2009
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Nov. 10 (Bloomberg) -- Dennis Gartman, economist and editor of the Gartman Letter, talks with Bloomberg Television about the acquittal of former Bear Stearns Cos. hedge-fund managers Ralph Cioffi and Matthew Tannin of charges they misled investors who lost $1.6 billion. (This report is an excerpt of the full interview. Source: Bloomberg)
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Video: Closing Arguments in Cioffi-Tannin Trial to Start Today: Video
from Bloomberg on November 05, 2009
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Nov. 5 (Bloomberg) -- Bloomberg's Su Keenan reports on the trial of former Bear Stearns Cos. hedge-fund managers Matthew Tannin at Ralph Cioffi, who were both accused of misleading investors about the health of two funds, which cost investors $1.6 billion when they collapsed in 2007. Closing arguments are set to begin today. (Source: Bloomberg)
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Video: Singer Calls Cioffi-Tannin a Case for Government to Lose: Video
from Bloomberg on November 05, 2009
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Nov. 5 (Bloomberg) -- Bill Singer, a partner at Stark & Stark, talks with Bloomberg's Erik Schatzker about the outlook for the fraud trial of former Bear Stearns Cos. hedge-fund managers Matthew Tannin and Ralph Cioffi. Jurors in Brooklyn, New York, will hear closing arguments in the case starting today. Cioffi and Tannin are accused of misleading investors about the health of two funds, which cost investors $1.6 billion when they collapsed in 2007. Bloomberg's Dan Colarusso also speaks. (Source: Bloomberg)
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Video: Johnson Says Stadium-Name Rights Harder to Sell in Slump: Video
from Bloomberg on November 05, 2009
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Nov. 5 (Bloomberg) -- New York Jets owner Woody Johnson talks with Bloomberg's Deirdre Bolton and Erik Schatzker about the new football stadium for the Jets and New York Giants. The stadium, which has yet to secure a naming-rights partner, is scheduled to open for the 2010 season. PepsiCo Inc., MetLife, Inc., Anheuser-Busch InBev NV and Verizon Communications Inc. have bought sponsorship rights in the new venue. Johnson also discusses the USS New York, a Navy ship made with steel from the World Trade Center. (Source: Bloomberg)
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Video: Fahy Says U.S. Has `Very Strong' Insider-Trading Case: Video
from Bloomberg on November 05, 2009
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Nov. 5 (Bloomberg) -- John Fahy, partner at Fahy Choi LLC, and Thomas Newkirk, a partner at Jenner & Block LLP, talk with Bloomberg's Mark Crumpton about federal charges against 14 people, including hedge fund managers and an ex-employee of Galleon Group, as part of a probe of an alleged insider trading scheme totaling $40 million. (Source: Bloomberg)
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Video: Tecce Expects More Antitrust Cases Brought Against Intel: Video
from Bloomberg on November 05, 2009
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Nov. 5 (Bloomberg) -- Former assistant U.S. attorney Fred Tecce talks with Bloomberg's Julie Hyman about the case brought against Intel Corp. by New York Attorney General Andrew Cuomo. Intel was accused by Cuome of threatening computer manufacturers and making billions of dollars in illegal payments to pressure them to use its chips. (This report is an excerpt of the full interview. Source: Bloomberg)
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Video: Shobowale Says Hosting World Series Is Win for New York: Video
from Bloomberg on October 29, 2009
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Oct. 29 (Bloomberg) -- Tokumbo Shobowale, chief operating officer of the New York City Economic Development Corp., talks with Bloomberg's Deirdre Bolton and Erik Schatzker about the potential economic impact of the Yankees being in Major League Baseball's World Series on the city. The Philadelphia Phillies opened the World Series yesterday with a 6-1 victory over New York at Yankee Stadium. (Source: Bloomberg)
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