Tag Archives: jewelry


Government provides record aid package to AIG

The Times and Democrat – In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. The action, announced […]

Ratings downgrade hits Hollywood investors

Reuters – A largely unnoticed ratings downgrade on a slate of Paramount Pictures movies backed by hedge-fund money offers rare proof that such innovative packages have proved to be wobbly investments. The Melrose I fund, established in 2004, was cut […]

Citadel resolves spat with JP Morgan

JP Morgan Chase & Co and Citadel Investment Group resumed trading with each other on Friday, one day after the bank had cut off the hedge fund over a hiring dispute, a person familiar with the matter said. "The dispute […]

Credit Suisse Buys Reamer’s Asset Management Finance

Bloomberg – Credit Suisse Group AG, Switzerland’s second-biggest bank, bought New York-based Asset Management Finance Corp. for $384 million to provide financing to investment firms. Credit Suisse paid stock for more than 80 percent of the firm, founded by former […]

Harbinger to raise stake in Cleveland-Cliffs

Reuters – Hedge fund Harbinger Capital Partners said on Thursday it is seeking approval from Cleveland Cliff’s shareholders to boost its ownership stake to as much as a third of the iron-ore company. Harbinger — already Cleveland-Cliffs’ largest shareholder — […]

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