Investment Service News

The Associated Press Originally published: November 07. 2009 3:01AM Last modified: November 06.

Wall Street bankers once again are the target of populist outrage, this time over the news that Goldman Sachs , Citigroup , JPMorgan Chase , and others are receiving limited doses of the H1N1 swine flu vaccine.

Private air service NetJets Inc., unit of Warren Buffett's Berkshire Hathaway Inc, says it will lay off up to 495 pilots nationwide because of a drop in demand.

Over the last year it's become abundantly clear that the stock market can devastate even seemingly healthy retirement accounts.

In our last episode of "Willie Aames Confidential," the onetime star of TV's "Eight Is Enough" and "Charles in Charge" was holding a yard sale in front of his foreclosed home in Olathe.

Nov. 6 -- Jan Hatzius, chief U.S. economist at Goldman Sachs Group Inc., talks with Bloomberg's Deidre Bolton and Erik Schatzker about his outlook for the economy, labor market and Federal Reserve monetary policy.

Former hedge fund manager Matthew Tannin is walked out of Federal Plaza. Bear Stearns execs Ralph Cioffi, Matthew Tannin told a black andwhite liesa : prosecutor Jaroslaw In closing arguments in the trial of the first high-profile Wall Streeters on fraud charges stemming from the financial crisis, a U.S. prosecutor said two hedge fund managers told ...

More wind power is coming to Iowa. The Iowa Utilities Board has approved MidAmerican Energy's plans to build wind farms producing 1,001 megawatts of power.

Big bonuses could be back in store for some top executives and traders on Wall Street as profitability returned to the investment banking industry in 2009, according to a study released yesterday.

Disgraced ex-New York Times reporter Jayson Blair talking to college students about ethics? What's next? The former head of Lehman Brothers on financial risk management? Such was the blogosphere's snarky tone last week when Washington & Lee University in Virginia announced Blair would speak Friday at a journalism conference there.

Fitch Ratings is warning that Berkshire Hathaway Inc.'s deal for Burlington Northern Santa Fe Corp.

Nov. 5 -- Thomas Newkirk, a partner at Jenner & Block LLP, talks with Bloomberg's Carol Massar, Adam Johnson, Scarlet Fu and Jon Erlichman about the Federal Bureau of Investigation's arrest of 14 people, including a former employee at the office of the Galleon Group hedge fund firm, as part of an investigation of an alleged $20 million ...

Some of New York Citya TMs largest employers a ' including Wall Street firms Goldman Sachs and Citigroup a ' have started receiving some doses of swine flu vaccine.

Federal prosecutors say criminal charges have been filed against 14 people, including attorneys and Wall Street professionals, in a widening $25 million insider trading case.

Republicans swept governors' races in New Jersey and Virginia as voters concerned about rising jobless rates and record home foreclosures punished Democrats.

A delegation from Sacramento came by the office this week to make the case for CalPERS , the nation's biggest pension fund.

Investment adviser Value Line Inc., its CEO and its former compliance chief have agreed to pay about $45 million to settle regulators' allegations the firm charged more than $24 million in bogus commissions on mutual fund trades.

Nov. 4 -- David Resler, chief economist at Nomura Securities International Inc., talks with Bloomberg's Carol Massar and Erik Schatzker about today's report from ADP Employer Services which says companies in the U.S. cut an estimated 203,000 jobs in October.

As if $22 billion in bonuses were not enough, Goldman Sachs would now like to obtain another $1 billion in tax benefits from the federal government.

Goldman Sachs has agreed to sell half of its holdings in Shineway Group, China's top meat processor, to a Chinese fund for around $150 million, earning roughly five times its investment from the landmark 2006 deal, sources with direct knowledge of the matter said on Wednesday.