Business Spectator (Free subscription) | 19/08/2008
Einhorn wants Natixis to dump rights offerBy Jennifer Ablan and Dan Wilchins of ReutersNEW YORK -- Hedge-fund manager David Einhorn said French bank Natixis should quash its plans for a €3.7 billion ($6.2 billion) rights offering, and should instead sell part of its stake in its parent companies.Mr Einhorn, whose $US6 billion ($6.9 million) Greenlight Capital fund owns Natixis shares,...
Seeking Alpha (Free subscription) | 08/08/2008
It’s not just Blackrock (BLK)! Jennifer Ablan provides a helpful roundup of who’s buying distressed debt, and why: BlackRock Inc., Third Avenue Value Management LLC, Trust Company of the West, Pacific Investment Management Co., or Pimco, and Metropolitan West Asset Management have launched or plan to launch distressed debt funds, betting that mortgage security and corporate debt prices...
The Earth Times Online Newspaper (Free subscription) | 01/08/2008
... its share price after the collapse of rival Bear Stearns in March.(Reporting by Dan Wilchins and Jennifer Ablan in New York, Additional reporting by Purwa Naveen Raman and Dinesh Nair in Bangalore; Editing by David Holmes and Braden Reddall)(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is...
The Earth Times Online Newspaper (Free subscription) | 24/07/2008
... aimed at shoring up the worst home market since the Great Depression.(Reporting by John Parry, Jennifer Ablan and Richard Leong; Editing by James Dalgleish)
