| BofA fires back at Cuomo Bank of America Corp. says New York Attorney General Andrew Cuomo is “simply wrong,” in his allegations that the bank is hindering Cuomo's ability to make decisions in his investigation into BofA’s acquisition of Merrill Lynch & Co. (BAC) feeds.bizjournals.com |
Should there be more government oversight of the financial services industry? Are you in favor of more government oversight over the nation’s financial systems given the problems the industry has faced because of a lack of regulation? Examples include AIG, Countrywide Financial and some of Wall Street’s biggest firms that exploited the system. feeds.bizjournals.com |
Dr. Reddy's rises on analyst upgrade (AP) Shares of generic drug developer Dr. Reddy's Laboratories Inc. gained Friday after a Morgan Stanley analyst said the company is poised for gains over the next six months, citing its near-term pipeline of products and catalysts. us.rd.yahoo.com |
Economists worry economy won't recoup 7 million lost jobs (CNNMoney.com) A two-year string of job losses appears to be near an end, if it hasn't ended already. us.rd.yahoo.com |
Morgan Stanley fails to hit forecasts (at FT.com) Morgan Stanley on Wednesday underlined the challenges it faces in closing the gap with Wall Street rivalsby failing to meet analysts' expectations in the fourth quarter amid the continued underperformance of its trading operations. us.rd.yahoo.com |