Citigroup names Parsons chairman; Bischoff retires (Reuters)

Reuters - Citigroup Inc named former Time Warner Inc Chief Executive Richard Parsons as its chairman, the latest high-level personnel change to shake a U.S. bank clobbered by the credit crunch.

Lawmakers and White House agree on auto aid plan (Reuters)

Reuters - Congressional Democrats and the White House have reached agreement on emergency aid for U.S. automakers of between $15 billion and $17 billion, two senior congressional aides said on Friday.

Bernanke says Fed has options as rates near zero (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Monday urged decisive action to protect the economy and said the central bank had alternative tools it could employ to help as interest rates approach zero.

Fed’s Bernanke Says 1% Target Rate Isn’t Floor, Other Actions More Effective

Federal Reserve chairman Ben Bernanke said that economic activity has downshifted further and the policy response must be vigorous. He said cutting the Fed funds target rate below 1% is "certainly feasible", but broader action could be more…(read more)

QuStream Corporation Reports 2008 Third Quarter Results

TORONTO, ONTARIO–(Marketwire - Nov. 28, 2008) - QuStream Corporation (”QuStream” or the “Company”) (TSX VENTURE:QVC), an innovative global provider of high-definition (HD) broadcast solutions that facilitated NBC’s comprehensive coverage of the 2008 Beijing Olympics, today announced its third quarter fiscal 2008 results.
QuStream Corporation’s Chairman, President and CEO, Fred Godard, commented, “The impact of the liquidity [...]

Obama taps Geithner, Summers for top economic jobs (Reuters)

Reuters - U.S. President-elect Barack Obama has chosen seasoned policymakers Timothy Geithner and Lawrence Summers as his two top economic lieutenants to direct the fight to rescue the economy and stem the worst financial crisis in more than 70 years.

Former Industry Executive Dennis Garces Joins Symposium Productions as Chairman

NEW YORK, NEW YORK–(Marketwire - Nov. 21, 2008) - Symposium Productions Corp. (OTCBB:SYPJ) announced today that Dennis Garces has been named Chairman effectively immediately.
Dennis Garces has been an entertainment strategic marketing professional since 1992. As a marketer and music executive at A&M, PolyGram, Universal, Sony Music and BMG Music, Dennis created marketing campaigns which involved [...]

BofI Holding, Inc. Increases Stock Buyback Authorization

SAN DIEGO, CA–(Marketwire - November 21, 2008) - Chairman Jerry Englert of BofI Holding, Inc.
(NASDAQ: BOFI) (”BofI”), parent of Bank of Internet USA, today announced
that the board of directors approved an expansion of its common stock
buyback program to purchase up to an additional 500,000 shares of BOFI’s
8.3 million outstanding common shares when and if [...]

GM to return two leased jets amid criticism (Reuters)

Reuters - General Motors Corp will return two of its leased corporate jets amid intense criticism in Washington this week on the luxury travel arrangements of its chief executive even as the company pleads for federal aid.

Auto execs testify as legislators try for deal (Reuters)

Reuters - Auto executives appeared on Capitol Hill for a second day on Wednesday to argue their case for $25 billion in aid as legislators in both houses and parties proposed compromises to the original plan.

ARC Wireless Solutions, Inc. Announces Director and Officer Changes

WHEAT RIDGE, CO–(Marketwire - November 18, 2008) - ARC Wireless Solutions, Inc. (NASDAQ: ARCW)
(the “Company”) announced today that the Company has elected Jason Young, a
director of the Company, to serve as the Company’s interim Chief Executive
Officer and as Chairman of its Board of Directors (the “Board”) and that
the Board has elected Viktor Nemeth and [...]

Bernanke Outlines Three Steps to Help Commercial Paper Markets

Federal Reserve Chairman Ben Bernanke said the Fed has developed three programs to address problems in commercial paper markets , which suffered losses upwards of $500 billion in mid-September when investors withdrew their funds. First, the Fed has allowed…(read more)

Fed Chairman Bernanke Promotes TARP Injection

Federal Reserve chairman Ben Bernanke said there are some signs that credit markets are improving, but that conditions are "still far from normal" and it is "critical" to market confidence that TARP funds are injected into financial…(read more)

Fed’s Bernanke Says More Co-ordinated Measures Possible

Speaking at a panel discussion at the European Central Bank,
Fed Chairman Ben Bernanke is said that while monetary
policy has not resolved the financial market crisis, global policy-makers
stand ready to take further measures if needed.
“The current financial crisis and global economic slowdown likewise
have been an occasion for unprecedented international policy
coordination, within Europe but also globally,” [...]

Bernanke: Central banks ready to act if needed (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke said on Friday central bankers around the world were ready to do more to ease severe credit market strains and support faltering economic growth.

Extra Space Storage Inc. Comments on CEO’s Recent Stock Transactions

SALT LAKE CITY, UT–(Marketwire - November 13, 2008) - Extra Space Storage Inc. (the “Company”)
(NYSE: EXR) announced today that the Company’s Chairman and CEO, Kenneth M.
Woolley, has voluntarily sold 350,000 shares of the Company’s common stock.
Proceeds from the sales were used to partially pay down the outstanding
balance on a margin loan secured by Mr. [...]

Extra Space Storage Inc. Comments on CEO’s Recent Stock Transactions

SALT LAKE CITY, UT–(Marketwire - November 13, 2008) - Extra Space Storage Inc. (the “Company”)
(NYSE: EXR) announced today that the Company’s Chairman and CEO, Kenneth M.
Woolley, has voluntarily sold 350,000 shares of the Company’s common stock.
Proceeds from the sales were used to partially pay down the outstanding
balance on a margin loan secured by Mr. [...]

Extra Space Storage Inc. Comments on CEO’s Recent Stock Transactions

SALT LAKE CITY, UT–(Marketwire - November 13, 2008) - Extra Space Storage Inc. (the “Company”)
(NYSE: EXR) announced today that the Company’s Chairman and CEO, Kenneth M.
Woolley, has voluntarily sold 350,000 shares of the Company’s common stock.
Proceeds from the sales were used to partially pay down the outstanding
balance on a margin loan secured by Mr. [...]

Democrats hunt for support for auto bailout (AP)

AP - Senate Democrats pressed ahead on Thursday with plans to vote next week on a $25 billion emergency loan plan for U.S. carmakers as the auto industry and business groups readied a lobbying onslaught to overcome GOP opposition.

Top hedge fund managers face lawmakers (Reuters)

Reuters - Five of the world’s richest and most powerful hedge fund managers will face a U.S. Congressional panel on Thursday that wants to know if the secretive industry poses risks to the financial system.

Congress panel eyes $25 billion automaker loan bill (Reuters)

Reuters - Massachusetts Democratic Rep. Barney Frank said his committee will hold a hearing next week to consider a bill to provide $25 billion in federal loans to U.S. auto manufacturers.

Obama’s New Lobbying Rules May Affect FCC Chief Selection

Henry Rivera, an influential Washington lawyer who was expected to be key in selecting the next chairman of the Federal Communications Committee, may have to help Obama with something else, instead. Blame new lobbying rules the Obama team announced today.

Obama Weighs Choices for FCC Chairman


FCC Chairman to Open Up Quiet Period for Comment

Martin on Quiet Period: “It Is Important as You Approach the DTV Transition”

Toll Brothers falls 5 percent, expects revenue slide (Reuters)

Reuters - Shares of Toll Brothers fell 5.1 percent before the bell on Tuesday as the luxury home builder said it expects a 41 percent decline in fourth-quarter home-building revenue.