The Washington Independent

Posts Tagged merger

New senior adviser for Obama campaign lobbied for Keystone pipeline, Comcast merger

By | 10.25.11 | 12:50 pm | More from The Minnesota Independent

President Obama’s 2012 campaign has a new senior adviser — a former lobbyist for the company pushing the Keystone XL pipeline, who also lobbied for Comcast throughout the period that the media conglomerate was seeking approval for its merger with NBC-Universal.

Update: Comcast-NBC Universal deal to add only 2.4 percent more internet access in U.S.

By | 01.20.11 | 1:47 pm

Image by: Matt MahurinThe Comcast’s acquisition of a controlling stack in NBC Universal, approved on Tuesday by the Federal Communications Commission (FCC), included a stipulation for Comcast to increase broadband access to low-income households.

Hearing on Bank of America-Merrill Lynch Merger Postponed

By | 10.21.09 | 12:33 pm

A House Oversight and Government Reform hearing on the controversial merger between Bank of America and Merrill Lynch has been postponed “due to additional documents recently received,” the panel announced today.

The hearing, initially to be held Thursday, has not been rescheduled.

Former Merrill CEO Paying Back the Money for $1K Trash Can and $35K Commode

By | 01.26.09 | 3:00 pm

Former Merrill Lynch CEO John Thain apparently is having second thoughts about a fancy $1.2 million redecoration of his office, which he undertook before his firm nearly tanked and was merged with Bank of America. Thain has decided to reimburse the bank for the $1,045 trash can, the $35,115 commode, More…

Reversal of Fortune: Wall Street Merging With Main Street

By | 10.20.08 | 12:45 pm

In perhaps the greatest financial paroxysm yet, a spate of gigantic mergers sparked by the recent global crisis has overnight reordered the American economic landscape — if not America itself.

Once almighty Wall Street is being forced by its nosediving fortunes into a shotgun marriage with Main Street — relying More…