An assassination attempt plunged Larry Speakes into the brightest of national spotlights as chief spokesman for President Ronald Reagan. When Reagan’s press secretary James Brady was severely wounded in the 1981 attempt on the president’s life, Speakes was thrust into the eye of the storm. As White House spokesman for six years, a long tenure in the sensitive post, he was credited with 2,000 news media briefings.
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Friday 17 February 2012
Sunday 12 February 2012
The broker at the centre of the Greenlight Capital insider trading scandal will not fight his £350,000 fine despite clients and rivals agreeing that he did little wrong.
Friday 20 January 2012
Ooh, that's a tough job
It sure is. BofA is the definitely the shakiest of the big US banks, having never pulled itself free of the credit crisis. But Mr Moynihan is used to dealing with a few bruises. Earlier in his career he would regularly come to the office all beaten up from a rugby game the night before.
Friday 22 July 2011
Call us childish, but we couldn't resist the headline above, for Merrill Lynch's Wealth Management division really has called in Police – one Amilcare Police, in fact, who the investment firm has just appointed as head of credit and banking for Europe, the Middle East and Africa. The gentleman in question has an extensive CV full of relevant experience, most recently doing something similar at HSBC, though as far as we know, he's never worked in law enforcement.
Tuesday 07 December 2010
Investors were licking their lips at the prospect of bid activity in the oil sector, after Tullow Oil was highlighted as a potential merger and acquisition candidate.
Tuesday 28 September 2010
American International Group will hold at least a 30 per cent stake in its Asian life insurance business, AIA Group Ltd, for a year after AIA's listing in Hong Kong next month.
Friday 02 July 2010
Friday 04 June 2010
Kelly Martin will step down from his post as chief executive of Elan Corporation in 2012 and leave the Irish drugs manufactuer in 2013, the company said yesterday.
Thursday 03 June 2010
Friday 21 May 2010
Red faces at Merrill Lynch, which had to call in the authorities after falling for a tall story told by the broker Steven Mandala last year. Mandala managed to convince Merrill that he was a partner in a leading asset management company looking after £300m of clients' money. The reality was that he was a very junior member of staff, but the bank only discovered the truth after hiring him, lending him $780,000, which he spent on a Ferrari and living the high life, and then watching him quit after two months (when he refused to repay the debt). Mandala has pleaded guilty to theft charges and faces a jail sentence. But the gullible bank hardly comes out of the tale smelling of roses.
Wednesday 17 March 2010
The City watchdog has banned a former senior trader at Merrill Lynch in London after he inflated the value of his trading book by more than $100m (£66m) to cover up huge losses.
Friday 26 February 2010
Michael Moore's new documentary doesn't just lay into the bankers behind the recent financial Armageddon.
Friday 05 February 2010
Ken Lewis, the retired boss of Bank of America, and the company's former finance chief Joe Price have been charged with fraud over their handling of the acquisition of Merrill Lynch during the financial panic of 2008.
Thursday 21 January 2010
Friday 08 January 2010
Over 50,000 families shipped out of London boroughs in the past three years due to welfare cuts and soaring rents
EU asylum policy is 'a direct threat to our civilisation', says Nigel Farage
Indonesia executions live: 'Hysterical' families heard prisoners being shot dead by firing squad
The Rothschild Libel: Why has it taken 200 years for an anti-Semitic slur that emerged from the Battle of Waterloo to be dismissed?
General Election 2015: SNP and its activists 'openly racist' towards the English, Farage says
EU exit would hit UK economy much harder than neighbouring countries, study finds
- 1 Which country would be hardest to invade?
- 2 The man who filmed the Freddie Gray video has been arrested at gunpoint
- 3 How the language you speak changes your view of the world
- 4 Royal baby girl born: Duchess of Cambridge's second child will be a princess thanks to Queen