Tag Archives: raanan-agus
Another handicap for hedge funds
CNNMoney.com – It’s time to say goodbye to Old Lane, the hedge fund management company bought by Citigroup last July. Citi paid a very dear $800 million to snag the fund and its founder Vikram Pandit, who now runs the […]
Goldman close to $7 billion SIV restructure
Reuters- Goldman Sachs is about to bail out a $7 billion (3.6 billion pound) structured investment vehicle formerly run by Cheyne Capital, a source familiar with the matter said, boosting hopes that markets for troubled mortgage assets are easing. "I […]
RBS Rises on Speculation Hedge Fund Will Seek Breakup
Bloomberg – Royal Bank of Scotland Group Plc led gains for European banking stocks on speculation that demand for its rights offer is strong and a U.K. hedge fund is buying shares to push for a breakup. Edinburgh-based RBS, Britain’s […]
SEC to probe Bear Stearns trading data
Reuters- Bear Stearns Cos plans to turn over documents to securities regulators showing that financial giants like Goldman Sachs Group, Citadel Investment Group and Paulson & Co cut their exposure to the securities firm before its collapse, the Wall Street […]
Delphi sues hedge fund after backing out of deal
West Palm Beach (HedgeCo.Net) – One month after Appaloosa Management backed out of a $2.55 billion deal to help lift Delphi out of Chapter 11, the Troy auto parts supplier is suing the hedge fund for damages. "Our efforts to […]