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Video: Flanagan Discusses Invesco's Purchase of Morgan Unit: Video
from Bloomberg on December 02, 2009
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Dec. 2 (Bloomberg) -- Martin Flanagan, chief executive officer of Invesco Ltd., talks with Bloomberg's Betty Liu about the firm's acquisition and integration of Morgan Stanley's retail investment management business. Flanagan also discusses Invesco's participation in the Treasury Department's Public-Private Investment Program (PPIP) for troubled assets. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: Aegon's Wynaendts Calls Dutch Aid Repayment `First Step': Video
from Bloomberg on December 01, 2009
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Dec. 1 (Bloomberg) -- Alexander Wynaendts, chief executive officer of Aegon NV, talks with Bloomberg's Pimm Fox about his company's repayment of a third of the 3 billion euros of government support it received last year. Wynaendts also discusses Aegon's strategy in Asia and the performance of the company's investment portfolio. (Source: Bloomberg)
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Video: Tepper Says Dubai Debt Isn't `Systemically Important': Video
from Bloomberg on December 01, 2009
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Dec. 1 (Bloomberg) -- Jonathan Tepper, a partner at Variant Perception, talks with Bloomberg's Francine Lacqua about the outlook for emerging market debt after Dubai World's announced it would seek a "standstill" agreement on its debt last week. Dubai's credit risk fell the most in nine months after state-controlled Dubai World began talks on restructuring less than half its total liabilities and said the rest of its obligations are on "a stable financial footing." (Source: Bloomberg)
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Video: Landesman Remains `Quite Bullish' on Emerging Markets: Video
from Bloomberg on December 01, 2009
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Dec. 1 (Bloomberg) -- Uri Landesman, fund manager at ING Investment Management, talks with Bloomberg's Betty Liu, Jon Erlichman and Adam Johnson about the outlook for emerging markets after Dubai World announced it would seek a "standstill" agreement on its debt last week. Dubai began talks with banks to restructure $26 billion of debt, including $3.5 billion owed by property unit Nakheel, and said the remainder of its liabilities are on "a stable financial footing," the company said in a statement. (Source: Bloomberg)
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Video: U.S. Stocks Advance as Concern Over Dubai Debt Eases: Video
from Bloomberg on November 30, 2009
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Nov. 30 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose, extending a monthly gain for the Standard & Poor’s 500 Index, as concern eased over a possible default by Dubai World. Oil rallied as a British yacht crew was seized by Iran, while aluminum and zinc led industrial metals higher. Treasuries were little changed. (Source: Bloomberg)
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Video: Chandler Says Dubai Debt May Make Banks More Cautious: Video
from Bloomberg on November 30, 2009
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Nov. 30 (Bloomberg) -- Marc Chandler, global head of currency strategy at Brown Brothers Harriman & Co., talks with Bloomberg's Lori Rothman and Mark Crumpton about Dubai World's debt crisis. Dubai’s government said Nov. 25 that Dubai World, the state-controlled holding company, would seek a standstill agreement with creditors and an extension of loan maturities until at least May 30, 2010. The announcement led to the biggest declines in Asian shares in three months last week and Europe’s worst rout since April. (Source: Bloomberg)
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Video: Finger Says BofA Shouldn't Delay CEO Lewis's Departure: Video
from Bloomberg on November 27, 2009
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Nov. 27 (Bloomberg) -- Jonathan Finger, managing partner at Finger Interests Number One Ltd., talks with Bloomberg's Erik Schatzker about Bank of America Corp.'s search for a new chief executive officer to replace Kenneth Lewis, who is stepping down Dec. 31. Finger's family, which controls more than 1 million shares of Bank of America, helped lead a shareholder revolt that stripped Lewis of the chairman’s title in April. (Source: Bloomberg)
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Video: Commerzbank's Costa Sees Abu Dhabi Taking on Dubai Debt: Video
from Bloomberg on November 27, 2009
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Nov. 27 (Bloomberg) -- Luis Costa, an emerging markets debt strategist at Commerzbank AG, talks with Bloomberg's Mark Barton about the ability of Dubai to repay its debt. Dubai World, the company’s state-owned parent, will ask creditors for a “standstill” agreement on debt including $3.5 billion in Nakheel bonds that mature on Dec. 14. It’s the biggest maturity for a Dubai entity since credit markets froze last year. (Source: Bloomberg)
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Video: JPMorgan's Laskowitz Discusses Market-Neutral Funds: Video
from Bloomberg on November 24, 2009
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Nov. 24 (Bloomberg) -- Jed Laskowitz, head of global strategic relationships for the fund unit of JPMorgan Chase & Co., talks with Bloomberg's Mark Crumpton about so-called bear-market and long-short mutual funds that are designed to protect against falling stock prices. The funds attracted a record $10 billion this year through October, more than double the previous high in 2006, according to Morningstar Inc. Asset managers have opened 19 long-short funds, the most in one year. (This report is an excerpt. 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: Begleiter Sees Parallels Between Wall Street and Poker: Video
from Bloomberg on November 20, 2009
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Nov. 20 (Bloomberg) -- Steve Begleiter, who headed corporate strategy at Bear Stearns Cos. before its 2008 collapse, talks with Bloomberg's Mark Crumpton and Lori Rothman about playing in the World Series of Poker and parallels between Wall Street and poker. Begleiter earned $1.59 million at the World Series of Poker's main event on Nov. 10 with a sixth-place finish. Joe Cada, 21, became the youngest champion claiming the $8.55 million top prize in Las Vegas. (Source: Bloomberg)
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Video: Branson Says Virgin Can `Shake Up' U.K. Bank Industry: Video
from Bloomberg on November 20, 2009
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Nov. 20 (Bloomberg) -- Billionaire Richard Branson, chairman of Virgin Group Ltd., talks with Bloomberg's Matt Miller about the U.K. banking industry and Virgin's plans to create a new bank. Branson, speaking yesterday in New York, also discusses the state of the global economy. (Source: Bloomberg)
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Video: Cohan Says Fed Focus on Bank Capital a `Good Thing': Video
from Bloomberg on November 20, 2009
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Nov. 20 (Bloomberg) -- William Cohan, author of "House of Cards" and a Bloomberg Television contributing editor, talks with Bloomberg's Erik Schatzker about the Federal Reserve's scrutiny of the biggest U.S. banks to ensure the lenders can withstand a reversal of soaring global-asset prices. Cohan also discusses the Fed's regulatory authority and bank bonuses. (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: Vanity Fair's McClean Discusses Banking Crisis Coverage: Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Vanity Fair editor Bethany McLean talks with Bloomberg's Matt Miller and Carol Massar about the media's coverage of the financial crisis. Mclean, Harvard professor Niall Ferguson, New York Times reporter Andrew Ross Sorkin, Vanity Fair's Bryan Burrough and Bloomberg News's Margaret Brennan tonight will participate in a Bloomberg-Vanity Fair panel moderated by columnist Michael Lewis at 7:30 p.m. ET. (Source: Bloomberg)
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Video: Chenault Sees AmEx Debit Product Growth With Revolution: Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Kenneth Chenault, chief executive officer of American Express Co., and Ted Leonsis, chairman of Revolution Money, talk with Bloomberg's Mark Crumpton about AmEx's purchase of the payments startup for $300 million. (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: Levitt Calls Blankfein Apology `Honest, Forthright': Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Former U.S. Securities and Exchange Commission Chairman Arthur Levitt talks with Bloomberg's Erik Schatzker about Goldman Sachs Group Inc. Chairman and Chief Executive Officer Lloyd Blankfein's apology for the firm's role in some of the activities leading to the financial crisis. Levitt also discusses Goldman's plan to team up with Warren Buffett to provide assistance to small businesses in the U.S. Levitt, an adviser to the Carlyle Group and Goldman, is a board member of Bloomberg LP, parent of Bloomberg News. (Source: Bloomberg)
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Video: Berman Discusses Goldman's Small-Business Aid Program: Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Melissa Berman, president and chief executive officer of Rockefeller Philanthropy Advisors, talks with Bloomberg's Erik Schatzker and Deirdre Bolton about Goldman Sachs Group Inc.'s $500 million charitable effort to help 10,000 U.S. small businesses. (This is an excerpt of the full interview. Source: Bloomberg)
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Video: Ellis Not Surprised by Goldman Chief Blankfein's Apology: Video
from Bloomberg on November 18, 2009
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Nov. 18 (Bloomberg) -- Charles Ellis, founder of Greenwich Associates and author of "The Partnership: The Making of Goldman Sachs," talks with Bloomberg's Deirdre Bolton and Erik Schatzker about yesterday's apology by Goldman's Chief Executive Officer Lloyd Blankfein for the firm's role in some of the activities leading to the financial crisis. Ellis also discusses the bank's initiative with Warren Buffett to provide assistance to 10,000 small businesses. (Source: Bloomberg)
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