Zachery Kouwe
The Archive
WAMU HIRES GOLDMAN AS IT EYES FUTURE
September 18, 2008 | 8:06amWashington Mutual, the nation's largest savings and loan, has hired investment bank Goldman Sachs as it frantically looks for a buyer or a capital infusion in the next several days,...
BRITISH FEAST ON LEHMAN FIRE SALE
September 17, 2008 | 7:55amBritish banking giant Barclays struck a deal to buy most of bankrupt Lehman Brothers yesterday for roughly $2 billion - potentially saving as many as 10,000 employees from having to...
FEDS TRY TO FIND A BUYER FOR WAMU
September 17, 2008 | 7:55amThe fate of Washington Mutual remained in question yesterday as federal regulators recently called a number of banks asking if they would consider buying the nation's largest savings and loan...
BARCLAYS STRIKES DEAL TO BUY MOST OF LEHMAN
September 16, 2008 | 7:32pmBritish banking giant Barclays has struck a deal to buy most of bankrupt Lehman Brothers for around $2 billion and has announced the transaction to Lehman employees, The Post has...
THAIN TOOK BULL BY HORNS
September 16, 2008 | 8:17amWall Street analysts and investors applauded John Thain's last-minute deal to sell Merrill Lynch to Bank of America in a move that could save the 94-year-old investment house amid one...
BOFA COMES TO MERRILL'S RESCUE
September 15, 2008 | 8:02amBank of America last night bought embattled brokerage giant Merrill Lynch for $50 billion, or $29 a share - as the impending collapse of Lehman Brothers left Wall Street scrambling...
BANK OF AMERICA SIGNS DEAL TO BUY MERRILL LYNCH
September 14, 2008 | 10:26pmBank of America last night bought embattled brokerage giant Merrill Lynch for at least $44 billion, or $29 a share - as the impending collapse of Lehman Brothers left Wall...
NOW WAMU HAS BREATHING ROOM
September 13, 2008 | 7:46amWashington Mutual's decision to provide an early look at its third-quarter earnings seems to have instilled some confidence that the nation's largest savings and loan can survive on its own...
WAMU SEEKS BUYER
September 12, 2008 | 7:47amShares of Washington Mutual whipsawed yesterday as spooked investors wondered whether the nation's largest savings and loan may be forced to sell itself at a fire-sale price in order to...
IMCLONE GETS LIFT
September 11, 2008 | 7:54amCarl Icahn may have failed to secure a deal for Internet icon Yahoo! but he's well on his way to ginning up a bidding war for drug company ImClone Systems....
FULD IN EYE OF STORM
September 11, 2008 | 7:54amSeven years ago, Dick Fuld gave a rousing speech at the Sheraton New York in Midtown after the Sept. 11 terrorist attacks forced Lehman Brothers to move from its offices...
PATAKI JOINS PRIVATE EQUITY FIRM
September 10, 2008 | 7:39amGeorge Pataki has joined the executive board of private-equity firm MidOcean Partners - the latest business the former New York governor has become involved with since he left office two...
UNITED HITS STOCK TURBULENCE
September 9, 2008 | 8:13amThe stock of United Airlines parent company UAL went into a tailspin yesterday after a six-year-old newspaper report saying the airline giant was headed for bankruptcy accidentally surfaced on a...
PECKER'S AMI PLAN ON TRIAL
September 5, 2008 | 8:28amA group of American Media's creditors have voiced concern over CEO David Pecker's new restructuring package and want the struggling publisher to sweeten the terms before they support the deal,...
WHIZ KID POSTS $1M BAIL BOND
September 4, 2008 | 8:10amAfter spending more than a week in the slammer, one time real-estate whiz Adam Hochfelder is inching closer toward freedom. The 37-year-old, who was indicted last week on several charges...
PERELMAN TAKES REVLON POWDER
September 4, 2008 | 8:10amBillionaire financier Ron Perelman is once again trying to put lipstick on his struggling cosmetics giant Revlon. The company announced yesterday that it will use proceeds from the recent sale...
ALT ENERGY FANS
August 30, 2008 | 8:50amInvestors looking to catch some air from gale-force interest in wind energy now have a chance with a new exchange-traded fund that tracks companies throughout the world that are active...
BROKER BLOWS IT
August 29, 2008 | 8:06amLawyers for disgraced real-estate whiz Adam Hochfelder argued yesterday that the coke addict and alcoholic must remain free because he's in dire need of outpatient rehab and sinus surgery. "He's...
JOCKEYING FOR '21'
August 27, 2008 | 9:54amTwo big hedge funds, run by billionaires Steven Cohen and David Shaw, tightened their grip on Orient-Express Hotels yesterday in an effort to get the Bermuda-based owner of the famous...
GOOD HOUSING NEWS CAN'T PROP UP MARTS
August 26, 2008 | 8:23amDespite a glimmer of good housing news in an otherwise decimated real-estate market, stocks continued their wild ride yesterday with the Dow falling over 240 points on renewed fears about...