Tag Archives: dealer-operations
Merger-Arbitrage, Other Hedge Funds Hurt By Nixed BCE Deal
Wall Street Journal – If you thought the collapse of one of the biggest leveraged buyouts in history would be devastating for merger-arbitrage hedge funds, you’d be right. But pure merger arbitragers weren’t the only hedge funds hurt. The $41 billion […]
Global Macro Hedge Funds Are Weathering the Storm
Seeking Alpha – If someone was asked to name a fund in the global macro game, undoubtedly Tudor Investment Corp or Moore Capital Management would be among the most frequent responses. The global macro strategy has fared well in the […]
Global stocks and dollar swing ahead of Fed meeting
Reuters – Volatility spread across stock and foreign exchange markets on Tuesday as investors eyed a Federal Reserve meeting expected to cut interest rates and hint at future unorthodox monetary policies to lift the U.S. economy. European stocks reversed early […]
Bernard Madoff Case Seen Fueling Attacks On The SEC
Post Chronicle – The SEC’s inability to uncover the scandal until Madoff’s sons went to authorities last week comes at a particularly bad time for the SEC and its Chairman, Christopher Cox. They have already been accused by some lawmakers […]
NY gov. seeks tax hike on hedge funds, luxury goods
Reuters – U.S. Treasury debt prices jumped on Tuesday, pushing the benchmark note’s yield down to fresh five-decade lows, after the Federal Reserve slashed interest rates near zero and vowed to extend its quantitative easing measures. In an unprecedented move, […]
Bush says auto bailout not ready
Reuters – President George W. Bush said on Monday an announcement on a auto industry rescue was not imminent, leaving the industry’s fate clouded in uncertainty for a little longer. "We’re not quite ready to announce that yet," Bush told […]
New Evidence Emerges in Closed Insider-Trading Case
Washington Post – New evidence has emerged in an insider-trading investigation that the Securities and Exchange Commission closed two years ago without filing charges, raising questions on Capitol Hill about the government’s oversight of what was once one of the nation’s most prominent hedge […]
Coal & Nuclear Power are Keys to Obama’s Energy Plan
Money Morning – President-elect Barack Obama has made no bones about wanting to jump-start the renewable energy markets – pledging $150 billion for the development of biofuels, solar and wind power, other alternative energy sources during his first term. But […]
Dreier Lawyers Describe Depleted Accounts, Departures From Firm
Law.com – As Marc S. Dreier was being arrested for attempting to defraud hedge funds of more than $100 million, some of the 10 affiliates of Dreier LLP were peeling off and others were trying to hold the firm together […]
From convention donor to bailout seeker
Los Angeles Times – Financial giants and other large firms now being bailed out by the government spent millions underwriting the Democratic and Republican conventions last summer, just weeks before coming to Washington seeking multibillion-dollar handouts. The big donors included […]
Hedge funds request Dillard’s corporate records
Forbes – A group of Dillard’s Inc. investors is asking the family that controls most shares in the department store chain for corporate records containing information on family and business relationships and perks given to directors or executives of the department store […]
