| Cuomo Demands Bonus Data From 8 Big BanksNew York Times - 24 minutes agoUpdate | 12:52 p.m. Andrew M. Cuomo , New York’s attorney general, took aim at Wall Street’s looming bonuses on Monday, sending letters to eight of the nation’s biggest banks demanding information on how they structured those payouts. The letters to the banks — described on a conference call as the original recipients of federal aid — seek “extensive” information on how big the bonus pools are, how they were allocated and what clawback provisions and vesting periods are built in as checks and balances. Financial Winners & Losers: Goldman TheStreet.com Swiss Life up on Allianz bid talkReuters - 4 hours agoZURICH/FRANKFURT (Reuters) - Swiss Life ( SLHN.VX ) shares surged to their highest level in more than a year on Monday on speculation of a takeover bid from German rival Allianz ( ALVG.DE ) that analysts said was unlikely. Shares in the Swiss insurer rose as much as 10 percent, extending gains from late last week on the rumor, after French Internet site Wansquare on Sunday cited unnamed Swiss banking sources as saying Allianz was preparing a bid. Rumors of an Allianz Bid Drive Up Swiss Life Shares New York Times MarketWatch First Take: Issa's story on Geithner has holesMarketWatch - 1 hour agoNEW YORK (MarketWatch) -- The campaign to get Treasury Secretary Timothy Geithner in front of a congressional panel to discuss his relationship with American International Group Inc. in 2008 may have an unlikely supporter: Geithner. By the looks of it last week, Rep. Darrell Issa (R-Calif.) struck what could have been the most damaging blow to the Treasury Secretary's career since he took office last year. Under Fire Again, Geithner Said to Retain Support New York Times | |
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