Financial news on July 11, 2015

Business and Financial news
A Bold Proposal to Offer Greece Some Financial Relief

Debt lawyers are pushing aggressive plan to urge private sector foreign bond investors to lend money to Greece; say it would allow country to reach deal with its creditors; Greece owes over 90 percent of its 310 billion euro debt to public institutions. Read more..

By LANDON THOMAS Jr - The New York Times

Class or Ideology? My Conversation With Bernie Sanders

The candidate explains how he envisions the political coalition he hopes to assemble: disaffected, lower- and middle-class voters. Read more..

By NATE COHN - The New York Times

Goldman Names Roopesh Shah to Lead Restructuring Group

The appointment of Mr. Shah comes after Perella Weinberg Partners hired away Bruce Mendelsohn, who had led Goldman’s Americas restructuring team. Read more..

By MICHAEL J. de la MERCED - The New York Times

PartnerRe and Axis Capital Delay Shareholder Meetings on Merger

The two Bermuda insurers said they were considering whether to enhance the terms of their merger agreement. Read more..

By CHAD BRAY - The New York Times

Promoters of Coming ‘Star Wars’ Film Have a Delicate Dance at Comic-Con

Walt Disney Company gives only modest promotion at Comic-Con International convention for its upcoming movie Star Wars: The Force Awakens, due in theaters Dec 18. Read more..


Start Again

Start fresh with Patrick Berry. Read more..

By THOMAS GAFFNEY - The New York Times

Variety: A Poetic Acrostic

Musing on poets with Emily Cox and Henry Rathvon. Read more..

By THOMAS GAFFNEY - The New York Times

Web Chief Joshua Topolsky to Leave Bloomberg as Staff Tensions Surface

Bloomberg ousts its web chief Joshua Topolsky; dismissal is seen as sharp indication of chaotic situation involving staff tensions at company since Michael Bloomberg returned to take control in September 2014. Read more..

By RAVI SOMAIYA - The New York Times

While Some Are Shocked by ‘Go Set a Watchman,’ Others Find Nuance in a Bigoted Atticus Finch

The lawyer who fought racial inequality in Harper Lee’s “To Kill a Mockingbird” is an aging racist in her new novel “Go Set a Watchman,” a more complex character in which some see added value. Read more..

By ALEXANDRA ALTER - The New York Times

Yellen Expects Fed to Raise Rates This Year

Federal Reserve Chairwoman Janet L Yellen says she thinks Fed will raise its benchmark interest rate later in 2015 as economy gets stronger. Read more..


See what else happened on July 11, 2015