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| Morgan Stanley's Mack forgoes bonus again (Reuters)
December 18, 2009 at 5:02 pm
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| | Morgan Stanley Chief Executive John Mack is forgoing a year-end bonus for the third straight year, he said in a memo obtained by Reuters, putting pressure on other Wall Street CEOs to follow suit. |
| Morgan Stanley CEO Mack again declines bonus (AP)
December 18, 2009 at 2:40 pm
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| | Morgan Stanley's outgoing CEO John Mack has declined a bonus for the third year in a row. In a memo sent to the investment bank's employees on Friday, Mack said he recommended to the board last week that he receive no year-end bonus "given this unprecedented environment and the extraordinary financial support governments provided to our industry." |
| International watchdog is needed to restore trust (at FT.com)
December 18, 2009 at 12:00 pm
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| | One of the biggest lessons of the financial crisis is investment bankers cannot be trusted. Self-regulation and "principles-based" regulation failed in theory and practice. These bankers have gained too much influence in the governments and entities supposed to be regulating them. |
| Permian Basin Royalty Trust Announces December Cash Distribution (PR Newswire)
December 18, 2009 at 10:47 am
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| | Permian Basin Royalty Trust , today declared a cash distribution to the holders of its units of beneficial interest of $.117641 per unit, payable on January 15, 2010, to unit holders of record on December 31, 2009. Permian's cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.pbt-permianbasintrust.com/. |
| Trian Acquisition I Corp. Announces Liquidation (Business Wire)
December 18, 2009 at 9:15 am
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| | NEW YORK----Trian Acquisition I Corp. announced that its Board of Directors has approved a plan of distribution. The Company expects that liquidating distributions will commence as soon as practicable following January 23, 2010. |
| MVC Capital Declares First Quarter Dividend of $0.12 Per Share (Business Wire)
December 18, 2009 at 8:30 am
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| | PURCHASE, N.Y.----MVC Capital, Inc. , a publicly traded business development company that makes private debt and equity investments, has announced that its board of directors has declared a dividend of $0.12 per share, or a total of approximately $2.9 million, to be distributed to shareholders for the first quarter of fiscal 2010. |
| Micron Technology to move to Nasdaq listing (at MarketWatch)
December 18, 2009 at 8:06 am
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| | Micron Technology Inc. said Friday that it plans to move its stock-exchange listing to the Nasdaq Global Select Market from the New York Stock Exchange, effective Dec. 30. The Boise, Idaho-based chip company said its ticker symbol will remain MU. |  |
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