Displaying all articles tagged:

Jerry Yang

Most Recent Articles

In Media, Even Death Cannot Stop Nepotism

Luke Russert gets a job at NBC, and everyone has liquidity problems (except the tenants of 15 Central Park West), in our daily roundup of media, finance, real-estate and law news.

Delta and Northwest to Fly in Formation

FINANCE • High fuel prices and a soft economy have sent Delta and Northwest Airlines running into each other's arms. The two could announce a definitive plan to merge as early as next week. [NYT] • Senate Republicans have axed a proposed economic-stimulus bill. The Dem-proposed $158 billion package, which sought to avert a full-fledged recession, came up one short of the required 60 votes. [FT] • But, no worries. Economists put odds of a U.S. recession at 49 percent, which means we're not technically there yet. Also, for what it's worth, this video is funny. [WSJ]

Finance Types Split Over Hillary and Romney

FINANCE • Wall Street hopes Hillary has a super Super Tuesday, but private equity is standing by one of its own. Fourth-quarter campaign-financing reports show Senator Clinton taking in the lion’s share of donations from the Street’s top ten financial firms. Meanwhile, Bain Capital co-founder Mitt Romney is still tops among the PE crowd. [NYT/Dealbook] • So, what’s it gonna be, boy? Stuck between Microsoft’s rock and Google’s hard place, Yahoo! CEO Jerry Yang has limited options for saving his company at his disposal. [NYP] • If you believe the latest hype, Citadel is paving the way for an IPO after all. Ken Griffin’s asset-management firm has split its proprietary hedge-fund business from its client-based options-making business. “Legally, it makes it cleaner,” said Josh Galper in an interview. [Bloomberg]