Tag Archives: savings-and-loan-crisis

Stalled! CSX vs. the Hedge Funds will Continue

New York (HedgeCo.Net) -The much anticipated annual meeting of railroad operator CSX took an odd turn when results of Board elections were kept from the media and CSX head Michael Ward abruptly ended the meeting. The elections were a subject […]

Lehman may raise capital from Korea

Reuters- Lehman Brothers almost struck a deal with Korean financial institutions as part of raising $6 billion in capital, and may yet arrange one by the end of the year, the Financial Times reported on Wednesday, citing people familiar with […]

US official says credit crunch easing

News Channel 8- A U.S. Treasury official said Monday the global credit crunch is gradually calming following efforts by the Federal Reserve and other central banks.Clay Lowery, assistant secretary for international affairs at the U.S. Treasury, said the Fed and […]