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San Francisco Chronicle
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 ...
Union resistance slows immigrant crime initiative - San Francisco Chronicle
The policy is President Obama's most ambitious immigration initiative before the November elections, senior administration officials said. But in a new sign of the deep dissension over immigration, the union representing 7000 deportation officers of ...
Former teacher accused of sex abuse was popular - San Francisco Chronicle
A former Creek View student, speaking on the condition of anonymity because of the sensitivity of the case in the small town, said Acker liked to hug girls and made a point of keeping up with former students for years. "He was always one of my favorite ...
SF Sheriff-elect Mirkarimi faces police probe - San Francisco Chronicle
Mirkarimi, through an intermediary, declined comment, but a source close to the couple tells us they maintain the neighbor overreacted and is misinformed. According to others familiar with the investigation, Lopez went to a neighbor after the couple ...
S.F. Sheriff-elect Mirkarimi faces police probe - San Francisco Chronicle
Mirkarimi, through an intermediary, declined comment, but a source close to the couple tells us they maintain the neighbor overreacted and is misinformed. According to others familiar with the investigation, Lopez went to a neighbor after the couple ...
J&J Said to Agree to Pay $1 Billion in Risperdal Sales Probe - San Francisco Chronicle
5 (Bloomberg) -- Johnson & Johnson will pay more than $1 billion to the US and most states to resolve a civil investigation into marketing of the antipsychotic Risperdal, according to people familiar with the matter. J&J, the world's largest health ...
Weather Channel, WebMD Said to Be on Yahoo Asset Wish List - San Francisco Chronicle
NBC Universal, now owned by Comcast, as well as Bain Capital LLC and Blackstone Group LP bought the Weather Channel from Landmark Communications Inc. in 2008 for about $3.5 billion, a person close to the situation said at the time. ...
J&J Said to Agree to Pay $1 Billion in Risperdal Sales Probe - San Francisco Chronicle
5 (Bloomberg) -- Johnson & Johnson will pay more than $1 billion to the US and most states to resolve a civil investigation into marketing of the antipsychotic Risperdal, according to people familiar with the matter. J&J, the world's largest health ...
Weather Channel, WebMD Said to Be on Yahoo Wish List of Assets - San Francisco Chronicle
NBC Universal, now owned by Comcast, as well as Bain Capital LLC and Blackstone Group LP bought the Weather Channel from Landmark Communications Inc. in 2008 for about $3.5 billion, a person close to the situation said at the time. ...
Credit Suisse's Sohn Said to Plan Hedge Fund This Year - San Francisco Chronicle
Sohn, 41, is planning to oversee money for the Swiss bank's clients and will be joined by Gary Buchalter, Amar Sujanani and Alok Verma, said the person, who asked not to be named because the information is private. Steven Vames, a New York-based ...
Italy's Monti Questions Scope, Timing of EU Ban on Iranian Oil - San Francisco Chronicle
A spokesman who requested anonymity declined to comment today when asked whether Eni would call for EU or Italian compensation if Iran repudiates that debt. Italy's objections to a blanket ban surfaced after Greece signaled that it is on board with the ...