Category Archives: Syndicated
New rules to cut CO2 emissions
Straits Times – EU nations on Monday reached a compromise agreement on new rules to cut CO2 emissions from new cars from 2012, with penalties for automakers who fail to comply, a negotiator said. The deal, part of wider EU efforts […]
Wall Street’s losses may be computer science’s gain
Computerworld Australia – The collapse of Wall Street may help make computer science and other IT careers attractive to students who abandoned those fields in droves after the dot-com bust of 2001. William Dally, chairman of the computer science department at […]
Forecasts blown to bits
London Free Press – The instability plaguing financial markets seems to have spilled over into the environment, making the winter forecast from Environment Canada a crapshoot of sorts, one of this country’s top weather gurus said yesterday. And with the […]
Hedge Fund Investors Demanding More Control
New York Post – The days of hedge funds operating behind a curtain may soon be over. Bruised and bloodied by unprecedented losses, hedge-fund investors are rebelling, demanding lower fees, greater transparency and, in a growing number of cases, unfettered […]
Paulson Bucks Paulson as His Hedge Funds Score $1 Billion Gain
Bloomberg – There’s not a lot of light in Paulson & Co.’s 28th-floor headquarters on a drizzly November afternoon. The Alexander Calder sculpture and multicolored prints have been shipped to the firm’s new offices six blocks south. Darkness envelops the […]
Yahoo Stock Shoots Up After Carl Icahn Raises His Stake
eBrandz – In a move expected to fuel speculation over Yahoo Inc.’s search for a new chief executive — Corporate raider and billionaire investor Carl Icahn augmented his stake in Yahoo, has bought up close to 7 million additional shares […]
Transcript: Howard Lutnick
Welcome, I’m Steve Forbes. It’s a pleasure and privilege to introduce you to our featured guest, Cantor Fitzgerald CEO Howard Lutnick. He’ll tell us why October was his company’s best month ever. But first…This ongoing financial crisis is driven by […]
Abu Dhabi Investment House eyes China fund
Reuters China – Abu Dhabi Investment House, a Gulf Arab bank, is planning a $1.5 billion (824 million pounds) private equity fund to invest in real estate and manufacturing in China with a local partner, a senior executive said on […]
Summers has ties to prominent hedge fund
Politico – On the same day Lawrence Summers was announced as President-elect Barack Obama’s top White House economics adviser, the veteran economist said he would resign as the part-time managing director of one of the nation’s largest and most successful […]
Exclusive Mutual Funds Reopen for Business
Time – Here’s one upside to a down market: a number of historically prominent mutual funds that long ago shut their doors to new investors are reopening. It’s been years since anyone without an existing account could put money into […]
Why This Famous Raider Is Scooping Up Debt
Barron – In the 1980s, Carl Icahn loomed large as a corporate raider, in the mold of the Gordon Gekko character in the movie Wall Street. Icahn made a lot of money but was vilified for what some considered a […]