Tag Archives: ccc


Tribune Co., smothered in debt, files for bankruptcy

Northern Star Online – Media conglomerate Tribune Co., smothered by $13 billion in debt and weak prospects for generating cash through advertising, on Monday became the first major newspaper publisher to seek bankruptcy protection since the Internet began siphoning readers […]

Hedge funds count the cost of trading losses

Guardian.co.uk – Hedge funds and banks are expected to bear the brunt of derivative losses estimated at $15bn (£9.4bn) linked to the collapse of Iceland’s three major banks – Landsbanki, Glitnir and Kaupthing – which failed in rapid succession last […]

Transpacific blames hedge funds for shorting stock

Sydney Morning Herald- The waste management business Transpacific has attempted to snuff out concerns about its ability to service its $2.6 billion of debts, arguing that the market has failed to recognise its "incredible cash flow" and the value of […]

Hedge funds gang up on Babcock

The Australian- The shares of Macquarie Bank’s most ardent and successful imitator, Babcock & Brown, and several of its satellites, plumbed new depths yesterday as Barclays lost faith in the group. Shares in Babcock’s headstock have slumped from $16 to […]

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