Hartford, Lincoln Bailout Warrants May Reap $871 Million in U.S. Auction

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Warrants in the two insurers may sell for $871 million, according to Pluris Valuation Advisors LLC. The Treasury could get about $13 for each of 52 million Hartford warrants obtained by the Troubled Asset Relief Program, and $15 each for 13 million Lincoln warrants, said Espen Robak , president of New York-based Pluris.

rss_news_logo79 Hartford, Lincoln Bailout Warrants May Reap $871 Million in U.S. Auction

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Hartford, Lincoln Bailout Warrants May Reap $871 Million in U.S. Auction

Barclays CEO John Varley to step down

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John Varley, who guided Barclays bank through the credit crisis without resorting to a government bailout, will retire next year as chief executive, to be succeeded by the head of the group’s highly profitable investment banking operation, the company said Tuesday.

rss_news_logo66 Barclays CEO John Varley to step down

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Barclays CEO John Varley to step down

Barclays CEO John Varley to step down

Posted by
Categorized Under: Bailout, Bailout News, Recession
Comments: 0

John Varley, who guided Barclays bank through the credit crisis without resorting to a government bailout, will retire next year as chief executive, to be succeeded by the head of the group’s highly profitable investment banking operation, the company said Tuesday.

rss_news_logo67 Barclays CEO John Varley to step down

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Barclays CEO John Varley to step down