Lehman Brothers
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NY Fed failed to negotiate AIG concessions
WASHINGTON (Reuters) - The Federal Reserve Bank of New York used a weak negotiating strategy that failed to wring concessions from AIG trading partners last year, allowing them to reap nearly $30 billion in payments from U.S. taxpayers, a government audit report said on Monday. Full Article
UPDATE 2-NY Fed failed to negotiate AIG concessions-audit
* NY Fed failed to wring AIG counterparty discounts-audit Full Article
Perella sees opportunities in hiring
NEW YORK (Reuters) - Wall Street's meltdown last year continues to yield hiring opportunities for small advisory firms, veteran dealmaker Joseph Perella said on Monday. Full Article
Cantor Fitzgerald open to going public
NEW YORK (Reuters) - Cantor Fitzgerald, a private investment bank growing by leaps and bounds, for the first time said it is considering going public as it accelerates expansion plans in a world without rivals such as Bear Stearns and Lehman Brothers. Full Article
Perella sees opportunities in hiring
NEW YORK (Reuters) - Wall Street's meltdown last year continues to yield hiring opportunities for small advisory firms, veteran dealmaker Joseph Perella said on Monday. Full Article
FTSE hits 14-month closing high, miners lead
LONDON, Nov 16 (Reuters) - Britain's top share index hit its highest closing level in more than 14 months on Monday as a weaker dollar sparked a rally in metals prices and some upbeat U.S. data lifted market sentiment. Full Article
Vampires on stilts jeer bankers in Frankfurt
FRANKFURT (Reuters Life!) - Dozens of demonstrators blaming bankers for tipping the world into financial crisis jeered financiers arriving for the annual Euro Finance Week that started on Monday in Germany's financial capital. Full Article
Weak companies raise risk for U.S. pension agency
WASHINGTON (Reuters) - Weakness in the auto and airline industries, as well as retail and service sectors, has more than tripled the potential risk to the U.S. pension insurance system. Full Article
PNC eying Capmark's servicing unit: sources
NEW YORK/WILMINGTON, Delaware (Reuters) - A unit of PNC Financial Services Group Inc is considering a bid for Capmark's mortgage servicing portfolio that may "significantly" top an agreed deal with Warren Buffett, according to sources. Full Article
PNC eying Capmark's servicing unit--sources
NEW YORK/WILMINGTON, Del., Nov 13 (Reuters) - A unit of PNC Financial Services Group Inc is considering a bid for Capmark's mortgage servicing portfolio that may "significantly" top an agreed deal with Warren Buffett, according to sources. Full Article
