Tag Archives: fre
Freddie Mac reports first profit in two years
Reuters – Freddie Mac, the second largest provider of U.S. home mortgage funding, on Friday posted its first quarterly profit in two years as gains from hedges and a one-time accounting change offset still-lofty credit losses. For the first quarter […]
Neuberger Berman to buy Lehman Holdings
West Palm Beach (HedgeCo.net) – Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a new, independent investment management company to be called Neuberger […]
