Anonymous sources
San Francisco Chronicle
Suspended Korean Savings Bank Chairman Found Dead in Seoul Hotel - San Francisco Chronicle
A woman who answered two calls to the Supreme Prosecutors' Office of Korea declined to comment or connect the calls to a spokesman and refused to give her name, and there was no response to an e-mail sent by Bloomberg News. A person who answered the ...
Apple Beijing Shop Pelted With Eggs as IPhone Debut Botched - San Francisco Chronicle
... up last night outside Apple's store in Beijing's Xidan, weren't paid the 120 yuan ($19) they were promised because they failed to get an iPhone 4S after the 12-hour wait, according to several of them, who asked not to be named for fear of reprisal. ...
Suspended Korean Savings Bank Chairman Found Dead in Seoul - San Francisco Chronicle
A woman who answered two calls to the Supreme Prosecutors' Office of Korea declined to comment or connect the calls to a spokesman and refused to give her name, and there was no response to an e-mail sent by Bloomberg News. A person who answered the ...
Asian Stocks, Euro Advance on Europe Debt Optimism; Gold Falls - San Francisco Chronicle
An EU embargo on imports of Iranian oil will probably be delayed for six months to let countries such as Greece, Italy and Spain find alternative supplies, according to an official with knowledge of the talks that declined to be identified because the ...
Nestle Said to Vie With Danone to Buy Pfizer's Baby-Food Unit - San Francisco Chronicle
The Abbott Park, Illinois-based company, which announced its own breakup in October, was still interested in bidding for the Pfizer unit then, said a person familiar with the matter. Potential buyers, notably Nestle, may encounter antitrust issues in ...
Nestle Said to Vie With Danone to Buy Pfizer's Baby-Food Unit - San Francisco Chronicle
A tax-free spinoff is still an option for the company, said the people, who declined to be identified as the process is private. Pfizer had delayed sending out sale documents to examine whether that move would be better for investors, ...
Bonderman's TPG Said to Weigh Investment in American Parent AMR - San Francisco Chronicle
12 (Bloomberg) -- David Bonderman's TPG Capital is considering whether to invest in American Airlines parent AMR Corp. as the carrier reorganizes in bankruptcy, a person familiar with the matter said. TPG's review remains in the early stages, ...
Sears Falls After Vendor Loans Are Said to Be Halted by CIT - San Francisco Chronicle
CIT, the largest US company that provides what's known as factoring, told clients it would no longer approve credit for orders starting today, according to the people, who declined to be identified because the information isn't public. ...
Brocade Poised to Rise 40% in Takeover Seen for Oracle: Real M&A - San Francisco Chronicle
First-round bids in the latest auction for Brocade were due last month, according to people with knowledge of the situation, who declined to be identified because the process was private. Sally Palmer at San Francisco-based Qatalyst didn't return ...
Microsoft Said to Be Planning Marketing Reorganization, Job Cuts - San Francisco Chronicle
The plans haven't been settled and could change, according to the people, who asked not to be named because the review isn't public. The job cuts are unlikely to involve thousands of employees, the people said. The first steps could be announced within ...
Oakland cops disciplined for name-covering episode - San Francisco Chronicle
After an internal investigation, Hargraves was suspended for 30 days, and Wong was demoted to sergeant for failing to report the incident to internal affairs, sources said. In court papers, Hargraves wrote that he had covered his name moments before ...
CONFIRMED: Gilt Groupe Laying Off 5-6% Of Its Staff In The Next Week - San Francisco Chronicle
Gilt Groupe will be laying off 50 or 60 people within the next week or so, a source close to the company confirms. Betabeat first reported the rumor at a higher number, up to 170 employees, this morning. The source says 5-6% of the company will be let ...
Private Equity Aims to Counter Buyout Bashing as Romney Targeted - San Francisco Chronicle
... starting a web-based campaign at the end of the month aimed at political commentators with testimonials of people who say private equity has helped their business, said the person, who asked not to be named because the information isn't yet public. ...
Ex-CDR Financial Executives Said to Plan Guilty Pleas - San Francisco Chronicle
... Former CDR Financial Products Inc. Chief Financial Officer Z. Stewart Wolmark and Vice President Evan Zarefsky are to plead guilty in a fraud case involving municipal bonds in federal court in New York, a person familiar with the matter said. ...
BTG Said to Offer to Buy $555 Million Stake in Hypermarcas - San Francisco Chronicle
... the Brazilian bank owned by billionaire Andre Esteves, offered to buy 1 billion reais ($555 million) of shares in Hypermarcas SA to join a group with a controlling stake in the consumer-goods maker, a person close to the talks said. ...
SABMiller Planning the Biggest Bond Sale in U.S. in 2 Years - San Francisco Chronicle
The company sold $550 million of 10-year bonds at a spread of 200 basis points more than Treasuries and $250 million of 30- year debt with a 212.5-basis-point spread, said the person, who declined to be identified because the terms haven't been ...
Buyout Lobby Plans Campaign to Counter Private-Equity Bashing - San Francisco Chronicle
9 (Bloomberg) -- The buyout industry, seeking to contain damage as Mitt Romney draws criticism over his role at Bain Capital LLC, plans to counter perceptions that firms profit at the expense of workers, according to a person familiar with the plans. ...
Pimco Said to Open Dividend Funds Under Ex-Thornburg Managers - San Francisco Chronicle
The firm, based in Newport Beach, California, opened the Pimco EqS Dividend Fund and the Pimco Dividend and Income Builder Fund, according to a person familiar with the matter, who asked not be identified because the information hasn't been made public ...
Credit Suisse Bankers Said to Bet on Firm's Illiquid Assets - San Francisco Chronicle
Credit Suisse didn't use a third party to value the assets, which were transferred at market prices in accordance with the bank's compliance controls, said a person familiar with the matter. Victoria Harmon, a spokeswoman for Credit Suisse in New York, ...
Paulson, Tepper Said Among Investors Urging Ally to Back ResCap - San Francisco Chronicle
10 (Bloomberg) -- John Paulson and David Tepper are among investors urging Ally Financial Inc. to back Residential Capital LLC as the government-owned lender weighs options for the mortgage unit, said three people familiar with the matter. ...
Wall Street Said to Weigh Freezing Pay Bumps for Junior Bankers - San Francisco Chronicle
At Deutsche Bank AG, senior executives are evaluating whether to cut or freeze pay for the top tier of vice presidents as a way to pare all junior-banker pay, said a person familiar with the matter. Jennifer Zuccarelli, a spokeswoman for JPMorgan, ...
Credit Suisse Bankers Said to Bet $450 Million on Firm's Assets - San Francisco Chronicle
Credit Suisse didn't use a third party to value the assets, which were transferred at market prices in accordance with the bank's compliance controls, said a person familiar with the matter. Victoria Harmon, a spokeswoman for Credit Suisse in New York, ...
Hedge Funds Resume Bullish Bets as Oil Tops $103: Energy Markets - San Francisco Chronicle
Clive Capital's fund lost 9.9 percent in 2011, including 0.9 percent in December, according to the people familiar with the firm, who declined to be identified because the information isn't public. Elizabeth Holstein, a spokeswoman for the fund in ...
Daley Said to Resign as Obama Chief of Staff, Lew to Replace Him - San Francisco Chronicle
9 (Bloomberg) -- William Daley is resigning as President Barack Obama's chief of staff and will be replaced by White House budget chief Jacob Lew, an administration official said. Video: An Australian tourist jumps from bridge more than 360 feet above ...
Iran Sentences American to Death Amid Tensions Over Hormuz - San Francisco Chronicle
The move isn't in reaction to developments involving Iran, a navy spokesman, who declined to be identified in line with government policy, said by telephone. Iran has the ability to block the Strait of Hormuz "for a period of time" and the US would ...