Opening Bell: 10.28.09

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Pay Czar Increased Base Pay At Firms (WSJ)
On average, base salaries climbed to $437,896 a year as a result of Mr. Feinberg's review, compared with $383,409 previously, a 14% increase, according to a Journal analysis of Treasury data. Of the 136 employees under Mr. Feinberg's review, 89 saw their base salaries increase.
Ex-AMD Chief Ruiz Tied To Galleon (WSJ)
Apparently Hector Ruiz gave Newcastle's Danielle Chiesi her info about a 2008 reorganization of AMD. He's not technically in any trouble himself, yet.
Ruiz's Rise To Prominence Said To Culminate In Link To Galleon Case (Bloomberg)
Little more info about Danielle Chiesi's buddy: he doesn't take shit from anyone and people look (looked?) up to him. "Hector is one of the most respected figures in the industry," said Dan Hutcheson, head of VLSI Research, a semiconductor research company in Santa Clara, California. "He's a very quiet person and very methodical, and tends to be pretty analytical." According to Roger Kay, an analyst with Endpoint Technologies Associates in Wayland, Massachusetts, "He fought the underdog fight for years against Intel. He was a hard-charging executive, take-no-prisoners type."
Lazard Reports Higher Than Expected Profit (Reuters)
It's how Bruce would've wanted it: The investment bank reported net income of $37.4 million, or 41 cents a share, compared with a year-earlier net loss of $77 million, or $1.17 per share.
Treasury, GMAC In Talks For 3rd Round Of Aid (AP)
Just asking for a little cash to tide us over, maybe like $2.8 billion to $5.6 billion. It's not so much that we need the money, we just want to set the record as the U.S. company to receive three rounds of bailout aid, you know?
Irish Pubs Cut Beer Prices After Pound Slide Leaves Economy `High and Dry' (Bloomberg)
3.50 euros for a Guinness.

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