Tag Archives: business-activity


Iceland: The country that became a hedge fund

CNNMoney.com – On a gloomy morning in early August, more than a month before Wall Street and the world’s financial system seized up, a senior aide to Iceland’s Prime Minister paid a visit to the Russian embassy in Reykjav√≠k to […]

‘Wave’ of credit crunch cases set to emerge

Times Online UK – Litigation departments at the City’s leading law firms have grown significantly busier in recent weeks as investors turn to legal action to recover losses suffered as a result of the financial crisis. Although lawyers have been […]

US dollar makes comeback, ‘bucking’ world downturn

North County Times – The stock market is retreating, credit markets are squeezed and many corporate earnings are diving. But one piece of the mangled U.S. economy is making an improbable comeback: the dollar. As the financial meltdown clobbers world […]

Wall Street is likely to face another volatile week

Los Angeles Times – In a typical recession, stocks start recovering about six months before the economy does. The crisis we’re in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, […]

Hedge funds seen switching short exposure to retail

Reuters UK – Hedge funds are likely to increase short exposure to retail stocks following a ban on short selling financial shares imposed by UK and U.S. regulators, industry insiders said on Friday. Equity long/short and market neutral hedge funds […]

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