New York Times Dealbook

In a late night post on New York Times Dealbook, Andrew Ross Sorkin, wrote a post talking about the "evilness" of ETFs. Sorkin interviewed Doug Kass, of Seabreeze Partners Management and other hedge fund managers about leveraged ETFs, and the supposed volatility they have caused in recent weeks...

Italian automobile manufacturer Fiat confirmed on Tuesday that it had upped its stake in Chrysler to 30%, a move that saw another 5% of Chrysler's shares going to Fiat. Fiat S.p.A., an acronym for Fabbrica Italiana Automobili Torino, has bought into Chrysler after its bankruptcy. Both companies...

Goldman Sachs (NYSE: GS) CEO Lloyd Blankfein received a $5.4 million cash bonus in 2010, according to regulatory filings. The bonus, only a portion of Blankfein's $19 million compensation package, adds to a $600,000 salary, and more than $12 million in stock. Further, Mr. Blankfein gained more...

Minmetals Resources, a unit of a Chinese state-owned mining company, said on Sunday that it had made an unsolicited $6.5 billion bid for Equinox Minerals, a Canadian copper mining company. The move is widely seen as an effort by the Chinese to purchase raw materials mines to fuel the strong...