Tag Archives: la-caixa


Wall Street’s losses may be computer science’s gain

Computerworld Australia – The collapse of Wall Street may help make computer science and other IT careers attractive to students who abandoned those fields in droves after the dot-com bust of 2001. William Dally, chairman of the computer science department at […]

Wealth managers fret as the rich turn away from them after losses

Times of India – Can the wealthy trust their wealth managers any more after losing 30 to 60% of their wealth during the current global financial crisis? The world’s top banks including brands like Morgan Stanley, UBS, Barclays and Standard […]

Cayman Islands in the Foreign Press

Caymen Net News – Insolvency lawyers in Scotland should take an interest in a bankruptcy case in the Cayman Islands involving two Bear Stearns hedge funds and an American judge with the wonderful name of Burton Lifland. The issue is […]

‘Armageddon’ Loan, Bond Prices Keep Debt Investors on Sidelines

Bloomberg – Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling. Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, […]

Icap slumps as barometer reflects banks troubles

Times Online – Some called it chutzpah. Some were more charitable, describing it as an exercise in putting on a brave face. Whatever it was, Michael Spencer’s claim that it was business as usual at Icap, when that company handles […]

Hedge funds plan to sue FSA over short-selling ban

Daily Telegraph – Lawyers are being galvanised on behalf of a raft of hedge funds which claim the financial watchdog has illegitimately extended its powers and caused "wide-spread capital destruction." One said: "The FSA’s remit is to maintain orderly markets […]

Commodities bubble burns big investment funds

Miami Herald – The deflating commodities bubble is claiming its first casualties as large investment funds absorb staggering losses from bad bets that prices for oil, precious metals and grains would keep going up. Hedge fund operator Ospraie Management LLC […]

Big funds take dive as prices plummet

Myrtle Beach Online – The deflating commodities bubble is claiming its first casualties as large investment funds absorb staggering losses from bad bets that prices for oil, precious metals and grains would keep going up. Hedge fund operator Ospraie Management […]

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