Yearly Archives: 2008
Investors Dip Their Toes Back Into Stocks
Wall Street & Technology – Global investors boosted their equity holdings for the second month running in December and cut bonds, thanks to signs of stabilising stock markets and tumbling government bond yields, Reuters polls showed on Monday. Surveys of […]
Wall Street slips on earnings risks
The Australian – US stocks fell as another drop in oil prices and a warning from Toyota Motor underscored the unsparing nature of the slowdown. Toyota forecast an operating loss for the current year, the first in the car maker’s […]
Magnetar Said to Limit Fund Withdrawals After Losses
Bloomberg – Magnetar Capital LLC, the $8 billion hedge-fund firm co-run by former Citadel Investment Group LLC trader Alec Litowitz, limited withdrawals from its biggest fund after it lost 30 percent this year through November, according to two people familiar […]
Clinton Foundation Got Big Lift From Hedge Funds
New York Times Blogs – Bill Clinton has plenty of friends in high finance. Lifting a longstanding cloak of secrecy, the former president last week released a complete list of about 208,000 donors to his foundation as part of an […]
Hedge funds can now borrow from Fed
FierceFinance – The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables. The Fed announced it will "offer low-cost three-year funding […]
More Investors Sue Hedge Funds for Ties to Madoff
New York (HedgeCo.Net) – Investors in the hedge fund Fairfield Greenwich Group have sued the company after about $7.5 billion in potential losses stemming from ties to Bernard Madoff. The investors claimed that Fairfield sustained “avoidable losses,” by not practicing […]
Some Investors Predicted the Madoff Debacle
New York (HedgeCo.Net) – As the investigation continues into what has turned out to be the largest fraud in history, more and more investors are coming forward who saw the red flags early, refusing to do business with Bernard Madoff. […]
Nappier Eyes Hedge Fund Bets
Hartford Business – State Treasurer Denise L. Nappier said she plans to approve rule changes by January allowing her to allocate up to 8 percent of the state’s $20 billion pension fund in nontraditional investments such as hedge funds. The […]
Buffetted `Quants` Are Still In Demand
Javno – Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the financial collapse and charged with preventing it happening again. Many of these so-called […]
Investigate money advisers before investing
Grand Forks Herald – From worrying about banks and a financial meltdown, investors are now wondering if they can trust the person investing their money. In this year of shocks, investors were dealt another a little over a week […]