Recent failures slow growth of Icahn
Boston Globe- Carl Icahn has hit the roughest patch of his hedge fund career. His $7.9 billion in hedge funds fell 7 percent between October and April, the biggest peak-to-trough loss since the funds...
View ArticleSEC mounts attack on the rumor mill
Boston Globe- The Securities and Exchange Commission yesterday said that it and other regulators would begin examining rumor-spreading intended to manipulate securities prices. The timing of the...
View ArticleFirms hurry to comply with SEC subpoenas
Boston Globe- Dozens of hedge funds and broker-dealers are scrambling to send reams of e-mails and trading records to regulators probing suspected stock price manipulation, several sources at hedge...
View ArticleHedge fund founder barred from pleading
Boston Globe – A federal judge barred Samuel Israel, the convicted founder of hedge fund firm Bayou Group LLC, from entering a plea to bail jumping, saying his addiction to methadone may have impaired...
View ArticleIn dim year, 2 Mass. funds shine bright -
Boston Globe – Massachusetts again has some of the best money managers in the world. But unless you’re a public employee or the parent of a Harvard student, you won’t benefit much from this tremendous...
View ArticleMorgan Stanley, Goldman change lending systems
Boston Globe – Morgan Stanley and Goldman Sachs are responding to the credit crisis with a system that uses the market’s view of their own creditworthiness as a basis for lending decisions, the...
View ArticleWild markets bring turmoil to hedge funds
Boston Globe – Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not...
View ArticleFrank looks ahead to the next step
Boston Globe – US Representative Barney Frank yesterday staked out the next battlefront in the economic crisis gripping the world: more regulation of hedge funds, investment banks, and other financial...
View ArticleWild markets bring turmoil to hedge funds
Boston Globe - Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not...
View ArticleLehman failure dogs Evergreen Solar
Boston Globe – Evergreen Solar Inc. got a shock when Lehman Brothers Holdings Inc. went bankrupt last month: The solar panel maker lost control of almost 31 million shares of its stock. How that...
View ArticleArt market feels global financial pinch
Boston Globe – On Day 2 of the fall auction season, a Russian masterpiece expected to sell for up to $3 million at auction did not find a buyer yesterday, further underscoring the impact of the global...
View ArticleHedge funds, mortgages on House agenda
Boston Globe – TODAY American International Group releases third-quarter results. The insurance giant is expected to post a loss of 90 cents a share, compared with a $1.35-a-share profit last year....
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