Tag Archives: de-janeiro-brazil
Treasury Said to Invest $125 Billion in US Banks
Bloomberg – The Bush administration will invest about $125 billion in nine of the biggest U.S. banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government’s latest attempt to shore up confidence in the financial system. The proposed […]
Lehman Goes Banktrupt in High Profile Casualty Case
West Palm Beach (HedgeCo.net) – Lehman Brothers, Wall Street’s fourth biggest investment bank has filed for bankruptcy, making it the largest and highest-profile casualty of the global credit crisis, with approximately $639 billion in assets. The bank said the Chapter […]
Abu Dhabi Commercial Bank files suit over losses of London-based SIV
Financial Times – Abu Dhabi Commercial Bank has filed a lawsuit against two US banks and two rating agencies over losses from a collapsed $6bn structured investment vehicle, formerly managed by London-based hedge fund Cheyne Capital. In the suit in […]
Pensions’ Dollars Shorted by Hedge Funds Have History on Side
Bloomberg – Whenever pension funds, mutual funds and insurance companies decide they should own dollar assets that are out of favor with hedge funds, the hedge funds lose. Institutional investors bought more dollars than they’ve sold this year, according to […]
Pensions Picking Dollars, Shorted by Hedge Funds
Bloomberg- Whenever pension funds, mutual funds and insurance companies decide they should own dollar assets that are out of favor with hedge funds, the hedge funds lose. Institutional investors bought more dollars than they’ve sold this year, according to State […]
