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Green Mountain Coffee Roaster founder and chairman Robert Stiller sold $66.3 million worth of shares after Starbucks told the company it was near an announcement to enter the single-brewer market, Bloomberg's Max Abelson and Leslie Patton report. After Starbucks' announcement, shares in Green Mountain tumbled some 20 percent. It is unclear if Stiller had access to the information Starbucks provided the company.
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Bloomberg's Max Abelson and Nick Summers have a Businessweek cover story "DIMON IS FOREVER. Why Jamie Dimon Is Wall Street's Indispensable Man" ahead of the big vote over whether or not to separate the roles of CEO and chairman. For... Read Post

Huge congrats to Max Abelson and Michael McDonald of Bloomberg, who as far as we know are the first reporters to have gotten a good look at Meredith Whitney's big municipal default disaster report that has been making the rounds. Re... Read Post

Nobody in the media has apparently seen Meredith Whitney's mammoth report on municipal bonds. But there is a 43-page summary that's been floating report. It's what Bloomberg's Max Abelson saw in his big piece on her that was publish... Read Post