Tag Archives: debts

Hedge funds shut out as banks win IMO

Times Online – A group of banks that financed the £450 million leveraged buy-out (LBO) of car wash group IMO will take control of the struggling business leaving a rival group of hedge fund investors with nothing. In a High […]

General Growth files for bankruptcy protection

Reuters – General Growth Properties Inc GGP.N, the second largest U.S. mall owner, on Thursday filed for bankruptcy protection on Thursday, making it one of the biggest real estate bankruptcies in U.S. history. Ending months of speculation, the Chicago-based mall […]

Hedge Fund Managers With Largest Portfolios Face EU Regulation

Bloomberg – Hedge fund managers who run the largest 15 percent of portfolios in the European Union would have to report risks, debts and trading activities to regulators under a draft proposal to tighten oversight after the financial crisis. The […]

Mystery sponsor funds cancer drug

BBC News – A kidney cancer patient who was refused a life-saving drug on the NHS has been given hope, after a mystery benefactor offered to pay for the treatment. After his plight was highlighted by a cancer campaign group, […]

BBC scandal dominates the papers

BBC UK News – Anger over the prank phone messages left for the actor, Andrew Sachs, is vented in the editorials of six papers. Prime Minister Gordon Brown has joined the attack and the Sun says the scandal is now beyond […]

Why hedge funds are crying

BBC – It may be a case of shutting the stable door after the thundering herd has bolted, but law and order is being brought to the wild wild west of global financial markets. G Brown will, for example, in […]

Papers turn on hedge fund managers

BBC UK News – "They hunt as a pack and can bring down financial systems" says the Daily Mirror, describing the hedge fund managers widely blamed for bringing down HBOS. The decision to halt short selling of bank shares – […]

What is it like working for a hedge fund?

BBC News- Hedge funds tend to be based well away from London’s financial hotspots such as the City and Canary Wharf, in districts such as Mayfair. But his employer, Lionhart Investments, is based next door to the golf club in […]