Fed officials such as James Bullard, Thomas Hoenig and Gary Stern have spoken eloquently about the need to address banking’s too-big-to-fail problem, but in the real world, bank regulators haven’t done much about it. In fact, the Washington Post reported last week,…

Monsanto belongs on a list of the world’s 10 most influential companies, Business Week says in the current issue. The rest of the list: Apple, Google, Huawei, JPMorgan Chase, News Corp., Saudi Aramco, Toyota, Unilever and Wal-Mart.

The magazine’s short profile of…

Paul A. “Tony” Novelly, chairman of Apex Oil, has cashed out most of his holdings in Bear Stearns for $1.3 million, according to an SEC filing this week.  St. Albans Global Management, a company headed by Novelly, sold 125,000 shares at $10.67…

We’re always looking for the local angle here in Mound City, and in the Bear Stearns debacle the strongest local angle is the presence of St. Louisan Paul A. “Tony” Novelly on the securities firm’s board.

So, how much did the Apex Oil chairman…