Tag Archives: financial-services-authority


Paulson nets £100m from RBS slide

January 27, 2009 : Permalink

Guardian Unlimited – Billionaire hedge fund manager John Paulson has made a £100m profit by betting that the Royal Bank of Scotland’s share price would fall dramatically, according to calculations by the Guardian, adding fuel to the debate about the […]

Hedge fund chiefs face grilling on role in crisis

January 26, 2009 : Permalink

guardian.co.uk – Secretive hedge fund barons, blamed by many for undermining Britain’s financial stability, will be unmasked on Tuesday when they are forced into the public spotlight by the powerful Treasury select committee. As suggestions grow that hedge funds have […]

Short-sellers are back with sharpened tools

January 21, 2009 : Permalink

WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping millions off the value of bank shares, betting […]

Fund admits short-selling bank shares

January 20, 2009 : Permalink

guardian.co.uk – A hedge fund admitted yesterday it had been speculating that shares in Barclays would fall. The admission by Lansdowne Partners that it had been shorting Barclays shares on Friday – a day when the bank lost a quarter […]

U.K. Plans to End Ban on Shorting

January 6, 2009 : Permalink

The Wall Street Journal – The U.K.’s markets regulator plans to end its ban on short selling of financial stocks. The Financial Services Authority said Monday that it would continue to ask hedge funds, which said the ban had hurt […]

U.S. Marshals Service to Help Clean Up Hedge Fund Mess

July 31, 2008 : Permalink

New York (HedgeCo.Net) – While the aftermath of the collapsed Bayou hedge fund may have left investors with nothing more than shock, the U.S. Marshals are trying to recoup some of the losses that were suffered.  By selling Bayou’s failed […]

No Bail for Hedge Fund Schemer Israel

July 7, 2008 : Permalink

New York (HedgeCo.Net) – Chances are, when you stage a suicide to avoid a 20-year prison sentence and spark an international manhunt, you’re probably not going to have the luxury of being granted bail.  That’s exactly what happened when Judge […]