Tag Archives: new york times


Funds Snapped Up Financial Stocks in 2nd Quarter

New York Times Blogs – A closely watched report by Goldman Sachs found that hedge funds made an outsize bet on financial stocks in the second quarter, The Wall Street Journal reported. The Goldman “Hedge Fund Trend Monitor” said hedge […]

Bad News Bears: The Travails of Journalists Turned Financiers

New York Times Blogs – Sure, it’s tough being a journalist these days. But if you think the news business is in trouble, try being a journalist turned financier. Some of the reporters who have left their ink-stained professions for […]

U.S. Confirms Criminal Cases Against UBS Clients

New York Times – The United States is building criminal cases against more than 150 American clients of UBS as part of a crackdown on tax evasion now made easier by a deal over access to secret account information. U.S. […]

Hedge Fund Managers Split Over Strategy

New York Times – Russell Herman, the chief executive of the hedge fund firm Dawson-Herman Capital Management, is the latest manager to shutter his fund after heavy losses last year and differences with the firm’s founder, Jonathan Dawson. Mr. Herman […]

Dealing With Phibro: The Best Choice for Citigroup

New York Times Blogs – Selling a controlling stake in Phibro won’t cut it for Citigroup, Breakingviews writes. Sure, it would probably quell some of the uproar around the flashpoint that put Citi’s full ownership of Phibro, a commodities trading […]

Barclays investors seal BGI deal

The New York Times – Barclays shareholders overwhelmingly approved the bank’s sale of asset manager Barclays Global Investors to BlackRock for about $14 billion (8.3 billion pounds) on Thursday, but staff staged a protest against pension changes.Barclays chairman Marcus Agius […]

Despite Pressure, Hedge Funds Resist Reducing Fees

New York Times – Despite the industry’s record losses in 2008, hedge funds generally aren’t lowering their fees without concessions from investors, such as longer lock-up periods and commitments of at least $100 million, money managers and consultants tell Bloomberg […]

Bardem Turns Down Role in ‘Wall Street’ Sequel

New York Times Blogs – Actor Javier Bardem has turned down a role in the sequel to Oliver Stone’s seminal 1980s treatise on greed, “Wall Street.” The Oscar winner was to have played the world’s villain du jour: a hedge […]

For New Jersey Governor, a New Fund-Raising Reality

New York Times Blogs – Of all the gloomy economic indicators since the Wall Street collapse, perhaps the most startling one seen by New Jersey residents is this: Gov. Jon S. Corzine with his hand out. Mr. Corzine, whose investments […]

Could E.U. Hedge Fund Plans Cause a Cold War?

New York Times Blogs – A move by the European Commission to adopt proposed regulation for hedge funds could end up igniting a transatlantic regulatory war, one of Britain’s hedge fund veterans warned in an interview with The Financial Times. […]

Jean-Pierre Aguilar, Head of French Fund, Dies

New York Times – Jean-Pierre Aguilar, a pioneer in hedge fund investing in Europe and chief executive and co-founder of Capital Fund Management, died in a gliding accident over the weekend, the company said in a letter to investors Sunday. […]

Clock Ticking on Accord to Sell Good GM Assets

New York Times Blogs – In his court testimony on Wednesday in New York, Mr. Wilson — formerly a senior executive of Silver Point Capital, a hedge fund specializing in distressed-debt investments — described some of the negotiation process that […]

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