Tag Archives: spqr-capital
Hedge fund millionaire trumps offer for Panmure
Reuters UK – Hedge fund millionaire Bertrand des Pallieres’s SPQR Capital has launched a bid to trump BlueGem Water’s proposed stake building in stockbroker Panmure Gordon & Co. SPQR said that, via vehicle P.G. Holdings, it proposed to take part […]
Dodd Stresses Importance of Auto Bailout, Has Message for GM
New York (HedgeCo.Net) – Saying that GM is in the “worst shape,” Senate Banking Committee Chairman Christopher Dodd told the struggling automaker that they’ve got to consider new leadership if they want to receive federal aid. The comments prompted many […]
Senate to Vote Today on Bailout Plan
New York (HedgeCo.Net) – Senate leaders will vote today on the $700 billion bailout package, after some key changes were implemented including tax breaks and higher limits for insured bank deposits. The new limit proposals are something that both […]
$700 Billion Rescue? Not All Republicans Are on Board with Bush
New York (HedgeCo.Net) – The $700 billion rescue plan proposed by the Treasury and backed by President Bush seems to be greeted with disdain by republicans and democrats alike. After excruciatingly long hearings and even an emergency meeting with the […]
Bernanke, Paulson Pushing $700 Billion Rescue Plan
New York (HedgeCo.Net) – Federal Reserve Chairman Ben Bernanke joined Treasury Secretary Henry Paulson yesterday in an attempt to sway lawmakers to pass a $700 billion rescue plan that would purchase illiquid mortgage-backed assets in an attempt to restore the […]
SEC Pushes Hedge Fund Oath in Manipulation Probe
Bloomberg – The U.S. Securities and Exchange Commission, seeking to jumpstart a hunt for suspected manipulation of financial stocks, will require hedge fund managers, brokerages and institutional investors to describe under oath their bets on the firms. Investors with “significant” […]
SEC May Require Hedge Funds to Reveal Short Positions
Bloomberg – The U.S. Securities and Exchange Commission may require hedge funds to disclose their short-sale positions and plans to subpoena the funds’ communication records in an effort to stem turmoil in stock markets. Hedge funds and investors managing more […]
