Here Is The Full Text And Summary Of The Amended House GOP Tax Bill
While we await the full details of the Senate bill, moments ago the House Ways and Means Committee released the Amended House GOP tax bill, as well as its summary. Here are the key highlights from the...
View ArticleUber Shareholder Drops Lawsuit Against Kalanick, Clearing Way For Softbank...
Tuesday’s meeting of the Uber Inc. board – the first following Kalanick’s unilateral decision to appoint former Xerox Corp. Chairwoman and CEO Ursula Burns and former Merrill Lynch Chairman and CEO...
View ArticleTrump Jr. Lawyers Up As Potential Senate Intel Committee Hearing Looms
Update 2:Well that escalated quickly. After volunteering just over an hour ago to cooperate with the Senate Intelligence Committee, Donald Trump Jr. has apparently now joined with most of the other...
View ArticleCEO Pay Soars In 2016 As Employee Wages Continue To Stagnate
CEO pay increases took a brief pause in 2015 dropping to a paltry median of just $10.8 million with most getting a pay cut or a raise of less than 1.5%. But, as the Wall Street Journal points out this...
View ArticleBerkshire Letter Highlights: Buffett Slams Hedge Funds, Likes Immigrants And...
In its latest annual letter, released at 8am on Saturday, Warren Buffett’s Berkshire Hathaway said Q4 profit rose 15% as net income increased to $6.29 billion, or $3,823 a share, from $5.48 billion, or...
View ArticleGary Cohn's Parting Gift From Goldman: An Accelerated $124 Million
Leaving Goldman Sachs to work for the government has always been a lucrative career move: eight years ago, it allowed former Treasury Secretary Hank Paulson to sell $500 million in Goldman stock tax...
View ArticleMorgan Stanley CEO James Gorman 2016 Pay: $22,500,000
With all eyes focused on Washington, on a Friday evening, Morgan Stanley just revealed that 58-year-old Morgan Stanley CEO James "don't call me Jim" Gorman was paid $22.5 million. Despite a notable...
View ArticleTrump's Secertary Of State Tillerson Discloses $400 Million In Assets
One day after Exxon announced it would sever ties with its former CEO and Chairman, Rex Tillerson, who is slated to become Trump's secretary of state, in the process awarding him $182 million in...
View ArticleWells Fargo Discloses Carrie Tolstedt's Compensation, Answers If Any Will Be...
Following today's dramatic grilling of Wells Fargo CEO John Stumpf in the Senate which culminated with Elizabeth Warren shouting at Stumpf that "You Should Resign, You Should Be Criminally...
View ArticleGoldman Responds To Goldman's Stock Offering of A Goldman-Upgraded Tesla
In what many considered to be a flagrantly criminal abuse of investment bank "restricted lists", yesterday Goldman underwrote a $2 billion equity offering for Tesla (to find its amusing expansion...
View ArticleWhat You Missed In Lending Club's Shocking 10-Q
Via Footnoted.com,At the risk of stating the obvious, it’s been a pretty tough week for LendingClub. In the six days since announcing on May 9 that CEO Renaud Laplanche was suddenly stepping down, the...
View ArticleTwo Wrongs Don't Make A Right - Is Fiorina The Fall Gal?
Submitted by Pater Tenebrarum via Acting-Man.com,Odd CoupleWhile checking on the US primaries a few days ago, we came across a piece of news informing us that pretend candle-swallower Ted Cruz had...
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