Word: morganize
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...piecing together what went wrong, there is plenty of blame to go around. At various times over the past three months, CNOOC, the Chinese government (which owns 70% of the company), and the company's gold-plated U.S. advisers?investment banks Goldman Sachs and JP Morgan, as well as high-powered Washington, D.C., law firm Akin Gump Strauss Hauer Feld LLP?all made bewildering, tone-deaf mistakes that hurt CNOOC's case. The oil company's Washington team, sources close to the deal say, consistently reassured management that the politics were manageable?even as the political climate deteriorated throughout...
Mike L. Armstrong ’03, an investment banker at JP Morgan in New York, currently forwards his post.harvard mail to his fas.alumni account. That way, he said, he can keep personal messages out of his company inbox, while still checking them at work via Harvard’s fas.alumni website...
Once fas.alumni closes, Armstrong will forward his post.harvard mail to a Yahoo! account instead. But he said he will no longer be able to check his personal mail from work, because JP Morgan blocks access to sites like Yahoo...
...move until it is clear that CNOOC is going to win Unocal. Banking sources say Chevron may well wait until shortly before the Aug. 10 Unocal shareholders' meeting before announcing a sweeter bid, hoping to end matters then and there. But Unocal's own investment bankers, Morgan Stanley, appraise Unocal's stock at between $55 and $68.25 per share?not that far from the $67 that CNOOC has already offered. Wall Street already views CNOOC's bid as rich. Increasing it will prompt shareholders to wonder whether it is overpaying...
...Morgan R. Grice ’06, a government concentrator in Winthrop House, is editorial chair of The Crimson. She is writing a song to the tune of “just the two of us” to sing with her mini-me, and will perform in the Editorial Office this fall...