Posts Tagged ‘mergers’
Bank Bailout Money Being Used for Mergers
Saturday, November 22, 2008 23:01 No CommentsWith newfound bailout money in their wallets, big banks have been rushing to gobble up smaller ones. At the center of these mergers is the Treasury Department, led by Goldman Sachs alums Henry Paulson and Neel Kashkari. While neglecting struggling homeowners they have created major incentives for widespread bank consolidation, which could lead to a [...]
Yahoo CEO Steps Down
Monday, November 17, 2008 21:30 No CommentsJerry Yang’s troubled tenure as chief executive of Yahoo Inc. ended Monday, when the Internet giant announced that he will step aside and that its board of directors is seeking a replacement.
The 40-year-old Yang’s departure comes after a troubled 17 months in which he presided over the Internet giant he co-founded, a period marked [...]





















