Tag Archives: greed
Wall Street 2: Hedge Fund Is Villain, Shia LaBeouf To Join Michael Douglas
Huffingtonpost.com – I’m told that screenwriter Allan Loeb (21, Things We Lost In The Fire) will hand in his second draft of the long-awaited Wall Street 2 to 20th Century Fox later this week. (Although the great Stanley Weiser and his […]
Putting Finance Capitalism “Back in Its Box”
OpEdNews – So writes Philip Augar in an April 13 Financial Times (FT) op-ed. He’s a former UK investment banker/broker and author of The Death of Gentlemanly Capitalism, The Greed Merchants, and most recently Chasing Alpha: How Reckless Growth and […]
MBIA Debt-Guarantee Split Sparks Hedge Fund Lawsuit
Bloomberg – MBIA’s split of its bond- insurance business was challenged by hedge funds alleging the move hurts owners of about $240 billion of debt while benefiting stock investors, executives and some policyholders. The reorganization, in which MBIA stripped $5.4 […]
With Trial Looming, Fate of UBS Looks Grim
New York (HedgeCo.Net) – UBS may have until July 13 to “vigorously contest” the demands of the Internal Revenue Service to disclose the names associated with 52,000 offshore bank accounts, but the vice that the troubled Swiss bank is finding […]