Former trader is found liable in fraud case. | Trader’s hiring offers a glimpse of SAC practices. | Banks find S.&P. more favorable in bond ratings. | Million denied bank accounts for past errors. | JPMorgan looks to pay to settle U.S. inquiries. | Hunting for luxury, retail giant buys Saks.
A look back on our reporting of the past week’s highs and lows in finance.
Dell and Buyers Reach Compromise on Takeover Bid | Under the terms of the new agreement, Michael S. Dell and his partner will pay $13.75 a share. In return, the special committee will agree to change the rules for victory. DealBook »
- Dell Takeover Bid in Peril as a Voting Rule Remains | On Wednesday, the special board committee was unwilling to change the voting rules, putting the takeover in jeopardy. DealBook »
- Voting Rule Change Is Viewed as Crucial to Dell Founder’s Takeover Bid | While more votes have been cast in favor of Michael S. Dell and Silver Lake’s takeover proposal, the tally is not enough to win without a change in rules. DealBook »
Deal Professor: With Fewer Barbarians at the Gate, a New Threat Emerges | Companies may no longer fear the threat of a hostile takeover, but their focus has shifted to activist investors, says Steven M. Davidoff. DealBook »
Hunting for Luxury, Retail Giant Buys Saks | A $2.4 billion deal is the latest for Richard Baker, who successfully waded into retail with Lord & Taylor. DealBook »
Banks Find S.&P. More Favorable in Bond Ratings | The ratings agency’s chase for business is notable because it is fighting a government lawsuit accusing it of similar action before the financial crisis. DealBook »
Barclays to Raise $12 Billion in Capital | Nearly a year after taking over as chief executive, Antony P. Jenkins is still wrestling with the bank’s past wrongdoings. DealBook »
If Its Customers Love a Business, This Equity Firm Does, Too | Brentwood Associates invests in a wide variety of companies, but all have one thing in common â€" a fiercely loyal customer base. DealBook »
Former Trader Is Found Liable in Fraud Case | The S.E.C. got its first significant victory in a case stemming from the financial crisis. DealBook »
- Deliberations Start in Goldman Trader’s Case | The federal government’s lawsuit against Fabrice Tourre went to a jury Wednesday morning. DealBook »
- Lawyers Present Closing Arguments in Former Goldman Trader’s Fraud Case | Mr. Tourre was either a greedy scheming liar or a bright young executive just trying to do his job, according to dueling portraits presented during closing arguments Tuesday. DealBook »
- Trader’s Defense Rests Without Calling a Witness | The surprise decision by Mr. Tourre’s lawyers was a show of confidence in their fight against a lawsuit by the government. DealBook »
Case Against SAC Aided by Hiring of Fired Trader | Richard S. Lee is said to possesses a rich vein of information about other illicit activity at Steven Cohen’s hedge fund. DealBook »
- Ex-Stock Analyst Charged With Insider Trading in Case Tied to SAC Capital Indictment | Sandeep Aggarwal was charged with leaking secret news in 2009 about a joint venture between Microsoft and Yahoo to at least two hedge funds. DealBook »
U.S. May Move Against Bank Over Jumbo Loan Securities | Regulators are investigating Bank of America and Merrill Lynch as both companies try to move past the problems of the financial crisis. DealBook »
New York Scrutinizes Bank Account Blacklists | The attorney general sent letters to six banks seeking information about the use of databases that disqualify people seeking to open checking or savings accounts. DealBook »
Judge Rejects Fed’s Cap on Debit Card Fees | The billions of dollars that banks earn when consumers swipe their debit cards are under threat after a federal court ruling. DealBook »
The Trade: The Power Behind the Throne at the Federal Reserve | Few outside the world of banking regulation understand the influence held by the staff of the Federal Reserve, which includes Scott G. Alvarez, its general counsel, says Jesse Eisinger of ProPublica. DealBook »
Million Denied Bank Accounts for Past Errors | Being rejected for a bank account can lead to a succession of fees for cashing checks, paying bills and wiring money. DealBook »
JPMorgan Looks to Pay to Settle U.S. Inquiries | The payouts started on Tuesday when JPMorgan struck a $410 million settlement with the nation’s top energy regulator. DealBook »
‘Blame It on the Boogie’ | Who should be held responsible for the financial crisis? Ask ‘The Jackson 5.’ DealBook »
