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News Sweep: July 6

By
Heidi N. Moore
Heidi N. Moore
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By
Heidi N. Moore
Heidi N. Moore
Down Arrow Button Icon
July 6, 2010, 8:16 PM ET

Goldman Sachs: It has this “risk” thing all figured out, according to J.P. Morgan.

The Macondo spill: 12 countries and international bodies, plus Iran, offered to help the U.S. clean it up. The U.S. accepted 12 of those offers, minus Iran.

LeBron James: No one can shut up about his potential move to New York, and the NBA is paying good money to make sure it stays that way.

IBM love liaison and Galleon: James Bandler’s great, must-read story about intrigue and an IBM executive who cheats on his wife – her name, by the way, is Amor – and shocks everyone by allegedly falling in with the insider-trading ring behind Galleon.

Congress: When 69 financial reform studies are too much and 67 are not enough.
Related: Five ways that lobbyists influenced financial reform.

Jobs: They’re supposed to get us out of this recession, but nota bene: if you’re 45 and over, it’s much, much harder.

Parenting: Prosperous parents love their kids but hate parenting. Or is that they love their kids but hate themselves? In any case, anyone who has had to leave the office to attend to a sick child should read this.

Treasurys: Allan Sloan doesn’t trust where they’re going. The Wall Street Journal agrees that you should ignore the message of the bond markets at your own risk.

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By Heidi N. Moore
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