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The Business Insider (Free subscription) | 3 hours ago
Here's the latest in the FHA's ongoing parade of horrors. (In case you missed it, the agency tasked with keeping the housing bubble alive has been undewriting subrpime-quality loans , and helping broke dudes by apartment buildings in San Francisco .) Now they're subsidizing hedge fund profits. As the NYT reports, hedge funds are buying up big pools of distressed mortgages, modifying the loans with...
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Cara Community - Comments (Free subscription) | 6 hours ago
In reply to Blog for November 20, 2009 [See ADDENDUM] : Several columns from the Globe and Natl Post made for a good collection related to corruption in America: reprint of Wall Street Journal article "How A Sell Rating led to an analyst's Downfall"; Fairfax Delisting from NYSE (and their experience with corrupt & powerful US hedge funds); Diane Francis' recap of the laughable antics...
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Reuters UK (Free subscription) | yesterday
BRUSSELS (Reuters) - Top parliamentarian Jean-Paul Gauzes has written to members of an influential European Union committee recommending strict rules for hedge funds that clamp down on pay and borrowing, according to his report.
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The LRC Blog (Free subscription) | yesterday
Good for Ron for stirring these two establishment mullahs to oppose him. But forget their official arguments, which are always a smokescreen in the state-bankster world. Remember that Greenspan was a J.P. Morgan (i.e., Rockefeller) economist before he ascended to the Fed. Now he works for hedge funds and big banks in NYC. Volcker was [...]
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PR News Wire (Free subscription) | yesterday
HOUSTON, Nov. 21 /PRNewswire/ -- LyondellBasell today issued the following statement:
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Silicon Alley Insider (Free subscription) | yesterday
Remember Danny Pang? He was the head of a huge private-equity firm who hadn't done many of the things his bio said he had done, who had denied having his first wife shot to death in front of her son , who was indicted on fraud charges, and who was recently found dead. Read the rest of this story » See Also: How To Fake Your Way To Billions Danny Pang Probably Committed Suicide SEC Nails The...
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Indian Express (Free subscription) | yesterday
In a departure from a long-standing trend, private equity firms are zeroing in on industries like manufacturing and services in their hunt for chief executive officers (CEOs), managing directors and other senior executives, thus deviating from the traditional practice of searching from within the financial sector.
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ArabianBusiness.com (Free subscription) | yesterday
PE firm's CEO says 2010 to be a significant investing year for private equity.
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forallouryesterdays blog spot (Free subscription) | yesterday
Dave Maskin Fabulous wire names created at your event ★ Extraordinary traffic builder for your trade show booth ★ WireNames.com see all my answers Best Answers in: Using LinkedIn (126) ... see more , Organizational Development (7), Education and Schools (6), Government Policy (6), Business Development (6), Professional Networking (6), Customer Service (5), Event Marketing and Promotions...
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rssblogstory (Free subscription) | yesterday
In the greatest trade ever, a New York hedge fund manager scored big betting on the housing collapse. Even average investors can learn from his tacti 45 Vote(s)
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Bingo Hideout - Bingo News (Free subscription) | yesterday
Bingo Hideout have been following the Gala Bingo parent debt restructure news stories that have been circulating for months now with interest. It appears now after much wrangling that the hopes of the parent company Gala Coral to restructure the reported £2bn of debt may soon be realised, with news that Blackstone have agreed in principle to a deal and are now in the process of completing the...
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Times Online (Free subscription) | yesterday
A descendant of the founder of Cadbury has spoken out against the £9.8 billion Kraft bid and the stakebuilding in the confectioner by hedge funds, which has risen sharply since the offer was made on November 9.
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Scotsman.com (Free subscription) | yesterday
UP TO five heavyweight private equity groups are believed to have placed bids for Matalan, the discount clothing chain.
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Scotsman.com (Free subscription) | yesterday
LLOYDS Banking Group and private equity firm Alchemy have sold their social housing construction firm Environmental Property Services to facilities management group Mitie.
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neilsamsung | 25/09/2009
Property prices are rising fast as the tech boom spreads across the country. When Farallon Capital Management, a U.S. hedge fund, and its joint-venture partner, Indiabulls, snapped up an 11-acre property in central Mumbai in March 2005 for $54.5 million an acre, the purchase was called an act of idiocy by local developers. A few months later, when the same joint venture offered $95.5 million an acre...
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