Hafnium

Search "hafnium" (found in nuclear plant control rods) within blog search gadget on right column

Thursday, September 9, 2010

2010 Sept. 8: Government argues that 75 mil settlement with former Asarco principal bondholder Citigroup is"fair, adequate, reasonable and in the public interest."

2010 Sept. 8:  "The government is defending as "fair and adequate" its $75 million settlement with Citigroup Inc. over charges it misled investors about billions in potential losses from subprime mortgages....The $75 million represents less than 0.3 percent of Citigroup's $22.07 billion in revenue in the second quarter of this year, the SEC noted....The bank has nearly $2 trillion in assets...."

Morgan Stanley bank backs out of Revel Casino in New Jersey (April 2010)

Morgan Stanley bank backs out of Revel Casino in New Jersey

April 2010:  "...[Morgan Stanley] says it will be selling its stake in Revel Entertainment Group LLC's Revel casino in Atlantic City, N.J. The investment bank, which had invested $1.2 billion into the project, says it will "take a substantial loss...Morgan Stanley will be getting cents on the dollar."