Tag Archives: boom-days
Hedge funds contemplate safer climate in US
Times Online – A new front is opening up in the battle between London and New York to be the world’s dominant financial centre. Hedge funds, and the thorny question of where they decide to do business over the coming […]
Frank looks ahead to the next step
Boston Globe – US Representative Barney Frank yesterday staked out the next battlefront in the economic crisis gripping the world: more regulation of hedge funds, investment banks, and other financial institutions. Frank, who heads the House Financial Services Committee, blamed […]
Senate report: Investment banks helped foreigners evade millions in US stock dividend taxes
Los Angeles Times – Big Wall Street investment banks have designed and marketed schemes enabling non-U.S. taxpayers, including offshore hedge funds, to evade millions of dollars in taxes each year on U.S. stock dividends, Senate investigators have found. Some banks […]
Jack Nash, Pioneer in Hedge Funds, Dies at 79
New York Times Blogs – Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long […]
Help wanted on Wall Street
CNN Money – No one would dare go so far as to say that the Wall Street job market is bright. Through June, financial firms of all stripes have shed an estimated 63,000 jobs over the past year, according to […]
New player on the bad loan scene
Star News Online- Dozens of hedge funds, private equity groups and other investors have plunged into the beaten-down mortgage market in recent months, buying tens of thousands of distressed loans and foreclosed properties around the country. They hope to profit […]
