by | Nov 3, 2010 | Towing
Citadel Broadcasting Corp. (CTDBQ) changed its compensation plans for top management after complaints that they violated the terms of its bankruptcy reorganization.
Citadel, the third-largest radio broadcaster in the U.S., exited bankruptcy protection in June owned by creditors including JPMorgan Chase (JPM), The Wall Street Journal said.
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R2 Investments, another creditor, said that…
Continue reading Citadel Broadcasting Agrees to Cut Executive Pay
Citadel Broadcasting Agrees to Cut Executive Pay originally appeared on DailyFinance on Wed, 03 Nov 2010 07:31:00.
Filed Under: Company News, Technology, People, Media, JP Morgan Chase
by | Nov 2, 2010 | Towing
Tribune Co. creditors are suing for billions of dollars in damages, alleging Tribune Chairman Sam Zell and lender JPMorgan Chase pushed the company into bankruptcy when Zell purchased it mainly with debt in 2007.
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by | Nov 1, 2010 | Towing
Banks’ losses from buying back bad mortgages won’t be as bad as previously expected, according to analysts at JPMorgan Chase, who estimate those repurchases will cost about 25% less than previously forecast.
Co…
by | Nov 1, 2010 | Towing
A recent profile of Barbara Desoer, the president of Bank of America’s home loan unit, describes her as “Besieged.” But here’s who’s really beseiged: All those homeowners who are getting a raw deal from the banks.
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by | Oct 27, 2010 | Towing
Highbridge Capital Management, which is owned by J.P. Morgan Asset Management (JPM), said it will buy a majority interest in Brazilian hedge fund Gavea Investimentos.
Gavea has $6 billion under management and was founded by Arminio Fraga, former president of Brazil’s central bank, Highbridge said in a statement. Fraga is currently the fund’s chief investment officer.
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“This has been…
Continue reading JPMorgan’s Highbridge Capital Takes Stake in Brazil Hedge Fund
JPMorgan’s Highbridge Capital Takes Stake in Brazil Hedge Fund originally appeared on DailyFinance on Wed, 27 Oct 2010 08:28:00.
Filed Under: Company News, People, Investing, JP Morgan Chase
