Tag Archives: wrong-way
Hedge funds forced to adapt or die
International Herald Tribune – The mergers and acquisitions business is about to take a deep dive. For most of the financial crisis, it has remained surprisingly buoyant. This was partly because there was a lot of business to be done selling […]
Whitebox hedge fund puts halt to cashing out
Minneapolis Star Tribune – Hedge fund manager Whitebox Advisors won’t let customers cash out, according to a national publication that follows the lightly regulated industry that manages money for affluent individuals and institutions. The Minneapolis firm, which runs about $4 […]
Hedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its […]
Exxon to exit U.S. retail gas business
Reuters- Exxon Mobil Corp said it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins. Those branded service stations may be the most public aspect of Exxon’s business, but they […]
