Tag Archives: loans


France to call for hedge fund crackdown

Focus Infomation – France on Friday will press for tighter controls on hedge funds, urging other big industrialised nations to strengthen regulation of the industry and compel banks that lend them money to hold more capital. Paris wants the European […]

Hedge fund Yorkville spies gap in loans market

Reuters – Yorkville Advisors, a $1 billion hedge fund, said it is stepping into the lending vacuum left by banks as it provides struggling firms with loans for up to two years, typically in the $5 million to $40 million […]

Collapsing hedge funds add to temporary stock selling

Detroit Free Press – In our view, incessant selling is coming from the liquidation of hedge funds, and it is the new element in the securities markets that no one has experienced before. This new source of selling has added […]

Rivals bet against Morgan Stanley in September

Forbes – Major Wall Street firms placed large bets against Morgan Stanley using credit-default swaps, two days after Lehman Brothers Holdings Inc sought bankruptcy protection, the Wall Street Journal said, citing trading records. The firms included Merrill Lynch & Co, […]

CDS protection buyers on Lehman to get their cash

Reuters – Investors who bought protection against a Lehman Brothers default in the credit default swaps market have little to worry about getting paid on Tuesday, when an estimated $8 billion in cash payments on Lehman CDS come due. While […]

Even Healthy Hedge Funds Face Redemptions

Seeking Alpha – It’s a tough world out there – I saw in the Wall Street Journal the average hedge fund lost 18% in October. Considering what their mandate is i.e. hedge – that is amazing. September was awful as […]

Cox Gives Support for Merger of SEC, CFTC

New York (HedgeCo.Net) – SEC Chairman Christopher Cox said he was all for a merger between the Commodity Futures Trading Commission and the Securities and Exchange Commission. Hopping on board with U.S. Treasury Secretary Henry Paulson, this was the first […]

Global financial crisis: An interview with George Soros

The Independent – Judy Woodruff: You write in your new book, The New Paradigm for Financial Markets, that “we are in the midst of a financial crisis the likes of which we haven’t seen since the Great Depression.” Was this […]

Lehman CDS auction fears allayed

The Independent – The financial fall-out in the vast, opaque credit default swaps market caused by the collapse of Lehman Brothers could be smaller than originally feared, analysts say. Optimism was rising yesterday that the unwinding of insurance contracts on […]

SEC Pushes Hedge Fund Oath in Manipulation Probe

Bloomberg – The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms. Investors with “significant” […]

Buffett’s “time bomb” goes off on Wall Street

Reuters – On Main Street, insurance protects people from the effects of catastrophes. But on Wall Street, specialized insurance known as a credit default swaps are turning a bad situation into a catastrophe. When historians write about the current crisis, […]

Tokio Marine Makes Gradual Shift to Hedge Funds as Prices Drop

Bloomberg – Tokio Marine Holdings Inc. will shift more of its 11 trillion yen ($100 billion) in assets to hedge funds and scour the globe for bargains as the credit squeeze forces down prices. Tokio Marine & Nichido Fire Insurance […]

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