MashGet

SAN FRANCISCO (MarketWatch) -- The government threatened to oust Bank of America Chief Executive Ken Lewis if the giant lender didn't go through with its acquisition of struggling investment bank Merrill Lynch, according to the results of an investigation by ...Read More

Nov. 22 (Bloomberg) -- Bank of America Corp.’s board mayextend its search for a new, permanent chief executive officerinto 2010 if directors can’t settle on a candidate in the nextfour days, according to people familiar with the matter. The directors, who ...Read More

Hershey, after months of internal debate, is now considering a bid for the British candy maker Cadbury, a move that would challenge Kraft's existing $16.7 billion hostile offer for the company, according to people briefed on the matter. Any Hershey offer ...Read More

* Hershey mulls bid of at least $17 bln for Cadbury-source * Hershey still weighing joint bid with Ferrero-source * Hershey Trust aims to retain control of Hershey-WSJ (Adds details on Hershey advisers, trust) PHILADELPHIA, Nov 20 (Reuters) - U.S. chocolate makerHershey Co ...Read More

Cadbury produces some of the UK's best-known chocolate bars US chocolate maker Hershey is considering launching a solo bid of at least $17bn (£10bn) for British firm Cadbury, according to reports. Under pressure from its charitable trust, Hershey has lined up ...Read More

Bank of America Corp. Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, according to a person close to him. Mr. ...Read More

Nov. 20 (Bloomberg) -- JPMorgan Chase & Co.’s credit-cardcontracts will no longer require disputes to be settled througharbitration, a practice that lawmakers said was biased againstcardholders, to help settle an antitrust lawsuit. Lenders including Bank of America, Citigroup Inc., DiscoverFinancial Services ...Read More

Goldman Sachs is planning to use $20 billion to pay bonuses. TWENTY BILLION DOLLARS!!! The investors (big ones) are mad and want that cut to $10 billion. TEN BILLION IS A CUT!!! How wonderful of them! Insanity reigns and there ...Read More

Rochdale's Dick Bove beats the drum for Ken Lewis at BofA (BAC) again, citing "anecdotal conversations" that management wants the outgoing CEO to stay. Bove says a rival analyst disapproves, but that "every other communication I received from large investors ...Read More

Thursday's shouting match between Treasury Secretary Timothy Geithner and lawmakers on the Joint Economic Committee raised eyebrows but Mr. Geithner isn't the first Treasury Secretary to find himself publicly sparring with a Senator. In 2002, then-Treasury Secretary Paul O'Neill got into ...Read More

WASHINGTON (Reuters) - Adding to lawmaker criticism of U.S. Treasury Secretary Timothy Geithner's performance is a new survey released on Friday showing 42 percent of Americans say he has done a "poor job" handling the credit crisis and federal bailout ...Read More

* Bove says support growing among investors for Lewis * Given bank's search, he says, Lewis good choice * Idea met with resistance among some investors (Adds byline, background, recasts) CHARLOTTE, N.C., Nov 20 (Reuters) - Bank of America Corp's(BAC.N) chief executive, scheduled ...Read More

â??Growing discontent over the economy and frustration with efforts to speed its recovery boiled over Thursday on Capitol Hill in a wave of criticism and outright anger directed at the Obama administration,â? the Washington Post writes. â??President Obama's allies in ...Read More

Lloyd Blankfein delivered a presentation about Goldman Sachs last week in which he explained what Goldman Sachs is and what its plans for expansion are. His comments were made at the Bank of America Merrill Lynch banking and financial services ...Read More

Nov. 20 (Bloomberg) -- U.S. Treasury Secretary TimothyGeithner, as part of a grilling on Capitol Hill yesterday, wasasked by a Republican lawmaker to resign. It is a call he islikely to hear again and again as next year’s election campaignheats ...Read More

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner on Thursday defended the costly bailout of insurer AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms. Before Congress' Joint Economic Committee, Geithner faced fierce ...Read More

It's rarely much fun to watch government officials testify before Congress. But Rep. Kevin Brady (R-Texas) managed to add a charge to a hearing held Thursday morning by the Joint Economic Committee when he told Treasury Secretary Timothy Geithner that ...Read More

WASHINGTON -- Like a boxer under siege, Treasury Secretary Timothy Geithner on Thursday rebuffed calls from Republicans to resign and slugged it out with lawmakers over Obama administration economic policies. Geithner is on the hot seat with lawmakers because billions of ...Read More

WASHINGTON - Treasury Secretary Timothy Geithner said Thursday the government's $700 billion bailout program will end "as soon as we can," and that part of it will be used to lower the soaring federal debt. During a sometimes contentious Joint Economic ...Read More

NEW YORK (AP) - Citigroup Inc. said Thursday it named a former Merrill Lynch executive, Steve Bodurtha, as managing director and head of investments for Citi Private Bank in North America. Bodurtha will be responsible for managing the investments platform for ...Read More