Tag Archives: related-companies
Ellington Sues Ameriquest Over Bad Subprime Mortgages
January 23, 2009 : Permalink
Bloomberg – Ellington Management Group LLC, the hedge-fund firm focused on mortgage bonds, sued Ameriquest Mortgage Co. and other ACC Capital Holdings units over soured subprime home loans. Funds run by Old Greenwich, Connecticut-based Ellington saw the value of $354 […]
Hedge Funds Looking to Revamp Dillard’s Management
October 28, 2008 : Permalink
New York (HedgeCo.Net) – Two hedge funds are looking to oust William Dillard II, CEO of Dillard’s Inc., after poor performance and lagging stock prices. Barington Capital Group LP and Clinton Group Inc sent a letter to the SEC that […]
Wall Street CEOs Bag $3bn During Toxic Securities Build-Up
September 26, 2008 : Permalink
Here Is The City – Bloomberg reports that CEOs at Wall Street’s top five securities house earned a staggering $3bn between them from 2003 and 2007, during the time when the subprime and toxic securities timebomb was ticking away in […]