BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

Extra Credit Wednesday Edition

Market Movers

by Felix Salmon
Main
Suze Update   Stanford Update

Recent Blog Posts

Links

Feb 12 2009 2:09am EDT

Extra Credit, Wednesday Edition

Dalmady to Stanford International Bank: Show Me The Money! Alex Dalmady comes right out and says that the $8 billion doesn't exist. Right now, I'm inclined to agree with him: I asked the Stanford spokesman this afternoon if he was sticking by his press release saying that SIB has $8 billion in assets, and he said that he'd have to call me back. He never did.
Related: SIB failed to deliver a $62 million check it had promised to fund the acquisition of Emageon. Emageon stock fell 44% on the news.

Almost 700 Merrill executives paid $1m-plus bonuses: The top four recipients took in a combined $121 million. But hey, look at the money they made for shareholders. Or, you know, don't.

Bad news from the pasta-industrial complex: Yet another leading indicator, but at least this one's tasty.

. □

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More