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Thain`s departure leaves BofA chief in line of fire
The merger with Merrill has proved unique only in the speed of its unravelling
FT.com

Samsung Elec says still looking for M&A targets
SEOUL, Jan 23 (Reuters) - Samsung Electronics Co remains interested in mergers and acquisitions for growth invarious business areas, despite the current economic downturn, anexecutive said on Friday.
Reuters

Letters: Benefits of growth
This refers to Who got the benefits of growth?, January 22, by Raghav Gaiha and Katsushi Imai. The ILOs recently published Global Wage Report 2008/09 often sets the standards by which wage agreements and relative share of wages are evaluated all over the world. Hence, it is only appropriate that the basic messages from this publication be right and stand up to scientific scrutiny. Gaiha and Imai convincingly argue that although labour may not have done well during the high-growth phase of the past few years, it is difficult to argue that globalisations effects on labour and wages have been deleterious. Large household-level data sets, like those used by Gaiha and Imai, are likely to yield more stable estimates than aggregate data.
Business Standard

Analysts see merits in potential merger of French fund management firms
A merger of the fund management arms of Société Générale and Crédit Agricole is a good idea, French finance executives say, and would help the banks become more efficient.
International Herald Tribune

TSX Venture Exchange Daily Bulletins for January 22, 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2009) - /T/TSX VENTURE COMPANIESANIMAS RESOURCES LTD. ('ANI')BULLETIN TYPE: Property-Asset or Share Purchase Amending AgreementBULLETIN DATE: January 22, 2009TSX Venture Tier 2 CompanyFurther to the bulletin dated December 20, 2007 with respect to theOption Agreement between the Company and Victor Manuel Juvera Gaxiola('Optionor') in connection with the La Peque, Pa Peque1 and El Tascalitomineral concessions located in the Santa Teresa mining district inM
Marketwire

Infrastructure - Argentina, Venezuela - Fernández, Chávez sign bilateral transport agreement
Argentine President Cristina Fernández and her Venezuelan counterpart Hugo Chávez have signed a new transport agreement, Venezuelan state news agency ABN reported.The presidents met in Caracas on ...
BN Americas

The Saga of Thain and Lewis
John Thain is out at Bank of america. The last straw for the former Merrill Lynch chief executive officer was the news that a number of top executives at the once mighty brokerage got paid hefty bonuses on the eve of the firm's Jan. 1 merger with BofA.Thain's days at the newly-merged banking giant were numbered ever since BofA disclosed that Merrill lost a whopping $15 billion in the fourth-quarter. The big loss at Merrill is what pushed the federal government to come up with another budget-busting bank bailout--this one aimed at helping the Charlotte, NC-based bank complete the acquisition. BofA CEO Ken Lewis has said the magnitude of the big loss at Merrill didn't become apparent until a few days before the merger was set to close. Federal officials, fearing the deal might collapse, came to the rescue with a $20 billion cash infusion and more than $100 billion in guarantees on some of the rotting assets at Merrill and Bofa.But it's fair to wonder whether Lewis' days at the helm o
Businessweek.com

Varney Is Likely Antitrust Pick
Obama is expected to nominate Christine Varney, a former FTC member, as his antitrust chief, signaling stiffer merger-review standards and more aggressive enforcement.
Wall Street Journal

AG`s Office moves to dismiss yet another case against a public official
An agreement has been reached between former Superior Court Administrator Tony Sanchez and the Attorney General's Office.
Topix

Venezuela's Chavez, Argentina's Fernandez sign a dozen cooperation ... - MSN UK News
The presidents of Venezuela and Argentina, Hugo Chavez and Cristina Fernandez, have signed a series of bilateral agreements to boost cooperation in energy, industry and agriculture. The accords include an agreement for Venezuela&os;s state-run oil ...
Feed Digest

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