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Michael J Moore

Michael J Moore

May 24, 2012 | Daily Business Review

Facebook IPO concern grows as Morgan Stanley defends role

The anticipation that preceded history's biggest technology IPO has been replaced by investor ire, including about whether the offer was priced too high.

By Lee Spears and Michael J. Moore Bloomberg News

5 minute read

November 10, 2009 | Daily Report Online

Top 3 TARP banks to dole out $29B in bonuses

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase Co.'s investment bank, survivors of the worst financial crisis since the Great Depression, are set to pay record bonuses this year. The firms-the three biggest banks to exit the Troubled Asset Relief Program-will hand out $29.7 billion in bonuses, according to analysts' estimates.

By Michael J. Moore and Ian Katz

11 minute read

March 17, 2010 | Daily Report Online

Goldman demands risks but won't take any

Goldman Sachs Group Inc. and JPMorgan Chase Co., two of the biggest traders of over-the-counter derivatives, are exploiting their growing clout in that market to secure cheap funding in addition to billions in revenue from the business. Both New York-based banks are demanding unequal arrangements with hedge-fund firms, forcing them to post more cash collateral to offset risks on trades while putting up less on their own wagers.

By Michael J. Moore and Christine Harper

8 minute read

December 16, 2009 | Daily Report Online

Bankers move to dilute overhaul at Senate

Four Wall Street lobbyists and about a dozen lawmakers huddled over eggs and bacon at Tortilla Coast restaurant on Capitol Hill on Dec. 2 to discuss legislation aimed at strengthening bank regulation. The meeting between fiscally conservative House Democrats and lobbyists for the largest U.S. financial firms turned tense, with a lot of finger-pointing, recalled one attendee.

By Alison Vekshin and Michael J. Moore

12 minute read