Tag Archives: bust


Is a new bubble being formed?

July 29, 2009 : Permalink

European Voice – Europe may be laying the foundations for the next financial bubble, through its monetary, industrial and regulatory policies. In the midst of the worst crisis in half a century, it is easy to forget that the real […]

Investor sues Perot Family Trust over hedge fund that went from being worth billions to ‘less than zero’

April 30, 2009 : Permalink

Dallas Morning News – An investor in a Perot family hedge fund has sued the Perot Family Trust and several related parties, saying they grossly mismanaged the fund, which went bust in November after starting the year with $2.5 billion […]

Obama’s Interview on ‘The Tonight Show’ / regarding hedge funds and AIG

March 20, 2009 : Permalink

FOXNews – MR. LENO: Tell people what happened. I know people have been over it, just — MR. OBAMA: Well, look, here’s what happened. You’ve got a company, AIG, which used to be just a regular, old insurance company. Then […]

Hedge Fund Manager Red Kite sees low commodity prices for years

February 4, 2009 : Permalink

Forbes – Commodity prices will remain low for a long time, possibly up to 7 years because of the global recession and falling demand, hedge fund Red Kite told a British newspaper. Michael Farmer founder of Red Kite, a big […]

Seven investor group to buy IndyMac at $13.9b

January 5, 2009 : Permalink

Saudi Gazette – A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion. IndyMac, which specialized […]