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TalkingBiz Appears to Have Made a Misstep in Breaking Down Fox Business' Ratings
Thursday, December 8, 2011 - 8:01pm | 268Business news website Talking Biz News put out a post on Thursday breaking down Fox Business Network's ratings. They cited Nielsen data which was provided by a third party. The author of the piece writes that FBN gets "its largest number of viewers in the key 25 to 54 age bracket before noon."...
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Sources: Jefferies Rebuttal Letter a "Delaying Tactic"
Tuesday, November 22, 2011 - 4:47pm | 544Yesterday, embattled investment bank and brokerage firm Jefferies (NYSE: JEF) released a rebuttal letter which addressed the market rumors that have been swirling around the firm in the wake of the MF Global bankruptcy and exposure to the European sovereign debt crisis. The letter can be downloaded...
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Gamco Investors' Mario Gabelli Tells Fox Business "Globalization is Where the Jobs Are"
Tuesday, November 22, 2011 - 2:55pm | 540GAMCO Investors CEO Mario Gabelli spoke with FOX Business Network's (FBN) Connell McShane and Dagen McDowell about the economic climate in both the United States and China. Gabelli said that the US needs to unleash “the power of technology through penetrating the shale area,” in order to create...
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Darien Magazine Profiles Fox Business Network's Charlie Gasparino
Friday, November 11, 2011 - 1:13pm | 547Darien Magazine has an interesting profile out on Fox Business Network's Charlie Gasparino, one of the most recognizable business news reporters on television. Gasparino formerly worked as a writer and reporter for the Wall Street Journal and Newsweek , and worked at CNBC prior to his current role...
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Fox Business Network: MF Global's Systems Were Not Updated To Support Prop Trading Business Model
Monday, November 7, 2011 - 3:27pm | 137FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports “MF Global's compliance systems were not fully upgraded under Corzine.” Sources tell Gasparino “there wasn't a completed compliance regime in place to take into account the new proprietary trading business model.” Excerpts...
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Fox Business Network: Schwab Eyeing MF Global's Retail Futures Business
Monday, October 31, 2011 - 12:56pm | 111FOX Business Network [FBN] Senior Correspondent Charlie Gasparino reports “Charles Schwab is eyeing MF Global's retail futures business.” While no price has been quoted, Gasparino is reporting “it is going to be near zero” and “MF Global could be paid a performance fee.” Excerpts from the report...
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Fox Business Network: Rajaratnam's Attorneys Plotting Aggressive Appeals Strategy
Thursday, October 13, 2011 - 2:12pm | 341FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that the attorneys for Galleon Group founder Raj Rajaratnam are plotting to appeal Rajaratnam's insider-trading conviction because “the way in which the government went about getting the wiretaps has been controversial.”...
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Fox Business Network Reports House Financial Services Committee To Hold Hearings On Volcker Rule In November
Wednesday, October 12, 2011 - 2:25pm | 151FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that, “The financial services committee run by Congressman Spencer Bachus plans to hold hearings on the Volcker rule's impact on Wall Street sometime in November.” Excerpts from the report are below, courtesy of Fox Business...
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Bill Fleckenstein Tells Fox Business The U.S. Has Turned The Dollar "Into Confetti"
Monday, October 10, 2011 - 5:11pm | 505Hedge fund manager Bill Fleckenstein spoke with FOX Business Network's (FBN) Liz Claman and David Asman about the economic situation in the United States in relation to the global economy. Fleckenstein said the U.S. has turned the dollar “into confetti” and predicted the reign of “a new currency...
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Fox Business Reports Managing Directors Within Morgan Stanley "Are Expecting Zero Bonus"
Wednesday, October 5, 2011 - 4:29pm | 193FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Morgan Stanley CEO James Gorman is “telling people to lower their expectations about 2011 bonuses” indicating to employees that bonuses “will be down from last year dramatically and some Managing Directors, the highest paid...
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Warren Buffett Tells Fox Business "The Ultra Wealthy Who Are Paying Very Low Tax Rates Should Pay More"
Friday, September 30, 2011 - 3:29pm | 790Berkshire Hathaway CEO Warren Buffett spoke with FOX Business Network's (FBN) Liz Claman about the proposed “Buffett rule,” his recent $5 billion investment in Bank of America, and the European economic crisis. Buffett clarified his comments about the proposed “Buffett tax,” saying, “there should...
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Fox Business Network: BlackRock is Calling for a Plan Similar to TARP in Europe
Thursday, September 22, 2011 - 4:49pm | 207FOX Business Network Senior Correspondent Charlie Gasparino reports that “firms like Blackrock, big money management firms” are “reaching out to European leaders calling for some way to support the banks in Europe right now.” Gasparino reports these firms are calling the plan an “enhanced liquidity...
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Tim Geithner To Fox Business On Obama's Deficit Reduction Plan: "Apply One Test Which Is Do You Have A Better Idea?"
Monday, September 19, 2011 - 5:31pm | 561Treasury Secretary Timothy Geithner spoke with FOX Business Network's (FBN) Peter Barnes about President Obama's plan for deficit reduction. Geithner said President Obama is trying to engage “comprehensive reform over time” and while it comes as “no surprise these changes both spending reforms and...
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Fox Business Reports Wall Street Is "Bracing For Another Round Of Insider Trading Charges"
Wednesday, September 14, 2011 - 3:10pm | 184FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports that “lawyers who work for some of the people under scrutiny” for insider trading are “bracing for another round charges.” Gasparino went on to say the charges are “likely to be criminal because the U.S. Attorney for the...
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Financial Crisis Inquiry Commission Chairman Phil Angelides Tells Fox Business "I Am Not Crying Tears For Wall Street"
Tuesday, September 13, 2011 - 4:35pm | 302Financial Crisis Inquiry Commission (FCIC) Chairman Phil Angelides spoke with FOX Business Network's (FBN) Liz Claman about the United States economy and the state of Wall Street three years after the collapse of Lehman Brothers. Angelides said that “the country has really taken a hit but Wall...