Gotham Gazette - The turbulent financial market events of recent days demonstrably signal the end of Wall Street as we know it. More uncertainty lies ahead, on Wall Street but also for the national economy. How is this affecting New York and what will it take to get the economy moving again?
Six months ago, a […]

New York (HedgeCo.Net) - Foreclosed properties present an opportunity, to some, of finding an otherwise unattainable home at a deeply discounted rate.  For hedge funds, foreclosures could mean massive returns in the near future.  That’s why dozens of hedge funds are quietly building their stake in the decimated U.S. mortgage market. 
According to a report […]

New York (HedgeCo.Net) - Mortgage lenders Fannie Mae and Freddie Mac may get some help from the Fed in hopes of staving off a market implosion following a crippling credit crunch and a period of great stress in the financial markets.
"Fannie Mae and Freddie Mac play a central role in our housing finance system and […]