Tag Archives: credit crunch


Collapse and fall of the Rock

February 17, 2009 : Permalink

MSN Money UK – Northern Rock was the darling of the UK mortgage sector, but fuelled its rapid growth by borrowing in money markets and selling on its mortgage debts rather than customer deposits. The eruption of the credit crunch […]

The hedge funds always win in the end

February 16, 2009 : Permalink

Independent – The collapse of Lloyds’ share price on Friday afternoon was deeply upsetting – and not just for shareholders in the bank. Two weeks ago, those annoying folk at Paulson & Co, the hedge fund that has made a […]

Credit Crunch Hedge Fund Killers – Movie Debut

February 16, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Playing a hedge fund banker turned killer, Dougray Scott stars in the ‘credit crunch’ movie: New Town Killers. It being shown for the first time in Scotland tonight as part of the Glasgow Film Festival’s […]

Clarke loses hedge fund job as credit crunch hits politicians

February 11, 2009 : Permalink

guardian.co.uk – The shadow business secretary, Kenneth Clarke, has become the latest victim of the credit crunch after losing his job on the board of a hedge fund, the Guardian has learned. Clarke, who was parachuted back on to the […]

Hedge Fund Whiz Einhorn Jumps on the Gold Wagon

January 29, 2009 : Permalink

BusinessWeek – With the price of gold racing higher over the past two months, more investors are coming around to the notion that the precious metal may be the best option to protect against a possible economic catastrophe. Among the […]

Hedge fund chiefs face grilling on role in crisis

January 26, 2009 : Permalink

guardian.co.uk – Secretive hedge fund barons, blamed by many for undermining Britain’s financial stability, will be unmasked on Tuesday when they are forced into the public spotlight by the powerful Treasury select committee. As suggestions grow that hedge funds have […]

Government may inject billions into Northern Rock

January 23, 2009 : Permalink

Reuters – The government is considering injecting as much as 10 billion pounds into Northern Rock to use the nationalised bank to ramp up mortgage lending, the Daily Telegraph reported. The Treasury has yet to make a final decision on […]

Short-sellers are back with sharpened tools

January 21, 2009 : Permalink

WalesOnline – Last week saw the return of the credit crunch’s bogey product: short selling. The practice was banned by the Financial Services Authority last September after it was blamed for wiping millions off the value of bank shares, betting […]

Meet the publishers who mean business

December 22, 2008 : Permalink

The Independent – Since the credit crunch began, hedge fund managers have become one of the most maligned sections of society, held responsible for the economic pain which all of us now feel. Never mind a row of shrubs, they […]