Daily Wrap Up - Sept 14.<h1>BofA-SEC bonus settlement rejected</h1> A federal judge on Monday rejected Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. Corp's and the U.S. Securities and Exchange Commission's $33 million settlement over Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. & Co bonuses as a contrivance that deprives shareholders of the truth. <a href="http://www.ibtimes.com/articles/20090914/bofa-sec-bonus-settlement-rejected.htm">Read Full Article here</a>. <h1>Obama tries to reinvigorate re·in·vig·o·rate tr.v. re·in·vig·o·rat·ed, re·in·vig·o·rat·ing, re·in·vig·o·rates To give new life or energy to. re Wall Street reform</h1> President Barack Obama, marking a year since Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. collapsed, urged financial firms on Monday not to fight regulatory reform Regulatory Reform concerns improvements to the quality of government regulation. At the international level, the "OECD Regulatory Reform Programme is aimed at helping governments improve regulatory quality -- that is, reforming regulations that raise unnecessary obstacles to and called on Congress to pass his proposals by the end of the year. <a href="http://www.ibtimes.com/articles/20090914/obama-tries-to-reinvigorate-wall-street-reform.htm">Read Full Article here</a>. <h1>Lilly cutting 5,500 jobs before Zyprexa lapse</h1> Eli Lilly Eli Lilly can refer to:
<h1>Sprint shares soar on T-Mobile USA tie-up talk</h1> Sprint Nextel Sprint Nextel Corporation (NYSE: S) is one of the largest telecommunications companies in the world. With 55 million subscribers, Sprint Nextel operates the third largest wireless telecommunications network in the United States (based on total wireless customers), behind Corp shares jumped 14 percent on speculation that the No. 3 U.S. mobile service might be bought by Deutsche Telekom even as many analysts said such a deal would be very difficult to pull off. <a href="http://www.ibtimes.com/articles/20090914/sprint-shares-soar-onmobile-usa-tie-up-talk.htm">Read Full Article here</a>. <h1>SEC: protecting long-term investors Long-term investor A person who makes investments for a period of at least five years in order to finance his or her long-term goals. a priority</h1> The first responsibility of the U.S. Securities and Exchange Commission is to protect long-term investors if their interests conflict with short-term traders, the head of the SEC said in a letter revealed on Monday. <a href="http://www.ibtimes.com/articles/20090914/sec-protecting-long-term-investorspriority.htm">Read Full Article here</a>. <h1>Intel restructures, senior exec leaves for EMC</h1> Intel Corp, the world's top chipmaker chip·mak·er n. A manufacturer of electronic and integrated circuit chips. , announced a reorganization of its major product divisions and said an executive who helped run a division that rang up more than half its sales last year left the company. <a href="http://www.ibtimes.com/articles/20090914/intel-restructures-senior-exec-leaves-for-emc.htm">Read Full Article here</a>. <h1>Tax evaders rush to beat amnesty deadline</h1> Rich Americans who have evaded taxes by hiding foreign holdings have about a week to turn themselves in to an Internal Revenue Service amnesty program or gamble they will not be caught. <a href="http://www.ibtimes.com/articles/20090914/tax-evaders-rush-to-beat-amnesty-deadline.htm">Read Full Article here</a>. |
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