Tag Archives: financial-services-giant


Hedge fund worker faces jail for attack on stranger

This is London – Colin Sharpe, 31, disgraced himself at the West End charity ball by making a pass at Joe Delvaux’s wife. When Mr Delvaux, 28, stepped in to defend her, Sharpe smashed a beer bottle over his head, […]

Treasury Said to Invest $125 Billion in US Banks

Bloomberg – The Bush administration will invest about $125 billion in nine of the biggest U.S. banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government’s latest attempt to shore up confidence in the financial system. The proposed […]

Lehman Goes Banktrupt in High Profile Casualty Case

West Palm Beach (HedgeCo.net) – Lehman Brothers, Wall Street’s fourth biggest investment bank has filed for bankruptcy, making it the largest and highest-profile casualty of the global credit crisis, with approximately $639 billion in assets. The bank said the Chapter […]

Pensions Picking Dollars, Shorted by Hedge Funds

Bloomberg- Whenever pension funds, mutual funds and insurance companies decide they should own dollar assets that are out of favor with hedge funds, the hedge funds lose. Institutional investors bought more dollars than they’ve sold this year, according to State […]

Pensions’ Dollars Shorted by Hedge Funds Have History on Side

Bloomberg – Whenever pension funds, mutual funds and insurance companies decide they should own dollar assets that are out of favor with hedge funds, the hedge funds lose. Institutional investors bought more dollars than they’ve sold this year, according to […]

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