Michael Gannon

Managing Editor

Gannon joined TheStreet.com in March 2007, after spending more than six years as a reporter and editor for The Journal News in Westchester County, N.Y., most recently as an assistant metro editor. He earlier covered several political and government beats as a reporter, including the city of Yonkers. Earlier in his career, he covered venture capital, private equity and the IPO market for Thomson Financial’s Venture Capital Journal and advertising for Sales-Fax, a small, independent trade weekly. He earned a B.A. in history from the College of the Holy Cross and an M.S. in journalism from Northwestern University’s Medill School.
Michael Gannon
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Article

JPMorgan Earnings Easily Beat Street

By Michael Gannon

JPMorgan Chase easily beat top- and bottom-line estimates that were tempered by the company's repayment of federal bailout funds and a special assessment to its regulator.

10:14AM 07/16/09

Article

Buffett Praise Is No Big Surprise

By Michael Gannon

Warren Buffett is pleased with the job Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke are doing. Why wouldn't he be?

03:24PM 06/24/09

Article

JPMorgan to Raise $5B, Repay Bailout

By Michael Gannon

JPMorgan Chase expects to raise $5 billion in common equity and repay the federal government's $25 billion bailout investment by the end of June, the company said Monday.

04:27PM 06/01/09

Article

Capital-Short Banks Get Month to Offer Plan

By Michael Gannon

Bank holding companies that government stress tests determine need more capital will have one month from Thursday to develop a plan, federal regulators said in a joint statement late Wednesday.

06:33PM 05/06/09

Article

BofA Stock Rises, as Capital Concerns Dim

By Michael Gannon

Bank of America shares opened higher after signs of an improving economy trumped reports that it needs $34 billion in common equity.

04:34PM 05/06/09

Article

Coming Week: Heavy Earnings Trump Data

By Michael Gannon

Corporate earnings enter a second heavy week, trumping an equally heavy economic calendar.

01:09PM 04/25/09

Article

Buffett Watch: Moody's Cuts Rating

By Michael Gannon

Warren Buffett's Berkshire Hathaway and several subsidiaries were downgraded late Wednesday by Moody's Investors Service, which cited hits to 'key businesses' amid the recession.

08:09AM 04/09/09

Article

Today's Outrage: Congressional Bonus Bullies

By Michael Gannon

AIG bonuses moved Congress to rush a punitive tax on companies that have received bailout money, but the plan could do more harm than good as presently constructed.

01:39PM 03/20/09

Article

Who's to Blame for the Economy? The Fed

By Michael Gannon

Alan Greenspan, former Fed chairman, was the most significant constant in the nearly 20 years preceding housing's peak in 2006. The fourth in a five-part series exploring who's to blame for the economic meltdown.

03:52PM 03/12/09

Article

Today's Outrage: Wall Street Bonus Babies

By Michael Gannon

President Obama has sent strong signals that he doesn't look kindly on big bonuses being awarded to executives at companies receiving government aid. Shouldn't this be a no-brainer?

02:22PM 02/02/09

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