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Week in Review: Wall St. Finding Washington a Friendlier Place

Banks' lobbyists help in drafting bills on finance. | Brazil is luring the millisecond investor. | In a plus for electrics, Tesla repays a big federal loan early. | After a vote, Jamie Dimon moves to mend bank's fences. | Andrew Ross Sorkin asks: didn't Yahoo try a deal like this before? | SAC Capital aims to stem withdrawal requests.

A look back on our reporting of the past week's highs and lows in finance.

Bausch & Lomb Are Near $9 Billion Sale | A transaction between the private equity firm Warburg Pincus and Valeant Pharmaceuticals would be one of the biggest health care deals of the year. DealBook '

Some in Congress Grow More Wary of Selling Sprint to SoftBank of Japan | National security concerns are rooted in SoftBank's relationship with Chinese telecommunications equipment manufacturers. DealBook '

  • Trying to Avoid Rejection, Sprint Nextel Raises Its Offer to Buy All of Clearwire | One of the biggest critics of the Sprint offer, the hedge fund Crest Financial, urged shareholders to reject even the sweetened bid as too low. DealBook '

Deal Professor: With His Magic Touch, Buffett May Be Irreplaceable for Berkshire | Steven M. Davidoff says that Warren Buffett is a skilled deal maker, but who will negotiate such favorable deals for Berkshire Hathaway after he is gone? DealBook '

DealBook Column: But Wait. Didn't Yahoo Try a Deal Like This Before? | Andrew Ross Sorkin says that Yahoo's deal for Tumblr raises questions about its ability to make money by selling ads, among other thorny issues. DealBook '

After a Vote, Dimon Moves to Mend Bank's Fences | The chief executive of JPMorgan is reaching out to regulators and bolstering the bank's risk controls. DealBook '

  • Strong Lobbying Helps Dimon Thwart a Shareholder Challenge | In a shareholder vote, Jamie Dimon held on firmly to his dual roles in leading JPMorgan Chase. DealBook '
  • Stockholder Power Faces Test at Chase | The move to split the jobs of chairman and chief executive comes as the bank is actually prospering. DealBook '

Morgan Stanley's Head of Fixed Income to Retire | The change puts a spotlight back on the unit, which the Wall Street firm has been aggressively shrinking since the financial crisis. DealBook '

Luring the Millisecond Investor | The São Paulo stock exchange is trying to accommodate high-speed traders, even as regulators around the world are skeptical of the sector. DealBook '

Lloyds and RBS Detail Plans to Increase Capital Reserves | The banks said they would retain earnings and sell assets to meet the capital requirement, but would not have to raise additional capital in the financial markets. DealBook '

Brokerage Firm to Pay $7.5 Million Fine to Regulators | LPL Financial will settle accusations that it made misstatements and failed to supervise its brokers' communications properly. DealBook '

With Messaging Program, a Rival for Bloomberg L.P. | Thomson Reuters and Markit, two Bloomberg competitors, are said to be developing a chat network for Wall Street. DealBook '

A Rush to Recruit Young Analysts, Still New to the Job | A careful song and dance, as first-year analysts, and recruiters, seek to fill spots at hedge funds and private equity firms. DealBook '

4 SAC Executives Subpoenaed in Insider Trading Inquiry | The fresh round of subpoenas, which also included requests for additional documents and trading records, angered officials at the hedge fund. DealBook '

  • SAC Capital Aims to Stem Withdrawal Requests | The hedge fund's largest outside investor, the Blackstone Group, is preparing a request to withdraw a portion of its money before a June 3 deadline. DealBook '
  • Hedge Fund Owner Gets Subpoena to Testify | The subpoenas suggested that federal prosecutors and the F.B.I. are intensifying their efforts to build a case, not only against SAC executives, but also the fund itself. DealBook '

Fallen Goldman Director Appeals for a New Trial | Lawyers for Rajat Gupta, found guilty last year of leaking boardroom discussions in an insider trading case, challenged the admission of wiretapped conversations in his original trial. DealBook '

In a Plus for Electrics, Tesla Repays a Big Federal Loan Early | Using money it raised last week in the markets, the carmaker is repaying the Energy Department nine years before its $465 million loan was due. DealBook '

Banks' Lobbyists Help in Drafting Bills on Finance | One bill that sailed through the House Financial Services Committee this month was essentially Citigroup's, according to e-mails reviewed by The New York Times. DealBook '

S.E.C. Changes Continue as Obama Names 2 Senate Aides for Posts | The nominees, Kara Stein and Michael Piwowar, are familiar with the Wall Street regulatory agency's business through their work. DealBook '

Fine Settles an Inquiry Into Selling of Vote Data | Institutional Shareholder Services will pay $300,000 to settle and to retain an independent compliance consultant to monitor its practices, according to the S.E.C. DealBook '

Ernst & Young's Audit Procedures Faulted | The Public Company Accounting Oversight Board said the firm found a fraud risk in nine audits in 2009 but did not sufficiently follow up on the risk. DealBook '

A Deal Opens Some Chinese Audit Papers to the U.S. | Years in the making, the deal was hailed as a step toward more enforcement cooperation between the two countries. DealBook '


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“Girl on Fire” by Alicia Keys

‘Girl on Fire' | Would you rather listen to a hedge fund billionaire's remarks on motherhood or Alicia Keys singing about global macro traders? YouTube '