Tag Archives: u s bank


February Hedge Fund Performance

March 20, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Morningstar reported a sharp decline in credit and equity markets as the U.S. government announced its stimulus package and financial stability plan. February saw a huge sell-off in U.S. and European bank stocks caused by […]

Bank of America Receives $138 Billion of Rescue Funds

January 16, 2009 : Permalink

Bloomberg – Bank of America Corp., the largest U.S. bank by assets, received a $138 billion emergency lifeline from the government to support its acquisition of Merrill Lynch & Co. and prevent the global financial crisis from deepening. The U.S. […]

Hedge Funds in Talks to Purchase Failed Mortgage Lender IndyMac

December 29, 2008 : Permalink

New York (HedgeCo.Net) – Several hedge fund firms led by J.C. Flowers & Co., are closing in on a deal to purchase the assets of IndyMac, the failed mortgage lender, as of Sunday. The group of firms, which also include […]