Tag Archives: auction


Delphi emerges from Chapter 11 after 4 years

Associated Press – Delphi nearly emerged from Chapter 11 last year, but was forced to redraw its reorganization plan after a group of investors, led by the Appaloosa Management LP hedge fund, pulled out of an investment deal in April […]

Delphi Favors Bid from Lenders

Private Equity Hub – A group of hedge funds that provided bankruptcy funding to Delphi Corp on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration. Delphi’s […]

Stock futures flat ahead of retail, jobless data

Reuters – Wall Street was set to open flat on Thursday, with investors eyeing retail sales and weekly jobless data for fresh insight into the state of the recession-hit economy. * Investors will watch a 30-year treasury note auction for […]

Thurman Helps Hedge-Fund Manager’s Daughter Raise Money in N.Y.

Bloomberg – At 17, Eugenie Iseman says she’s too young to attend college, but is old enough to enlist Uma Thurman to help the poor in Liberia. It doesn’t hurt that she has the backing of her father and hedge-fund […]

Man utilizes collection as economic ‘hedge fund’

Times Online – While many lose sleep over each twist and turn of today’s economy, New Jersey collector Ralph DeLuca has found a hedge against the recession in the musty memorabilia of Hollywood’s past. A former private investment consultant, DeLuca […]

Chrysler Dissidents Must Reveal Identity, Judge Says

Philadelphia Bulletin – Chrysler LLC dissident lenders must reveal their identities by 10 a.m. today, a bankruptcy judge ruled, rejecting claims that their safety was at risk. U.S. Bankruptcy Judge Arthur Gonzalez in New York forced the group to file […]

Related Posts Plugin for WordPress, Blogger...