Tag Archives: u s company


Smart money sees Brink’s Home Security as a “rock”

March 17, 2009 : Permalink

Reuters – It would be hard for many to imagine hedge funds buying stock in a U.S. company with the word "home" in its name in the worst housing downturn since the Great Depression — let alone speak admiringly of […]

Bernanke Says Insurer AIG Operated Like a Hedge Fund

March 4, 2009 : Permalink

Bloomberg – Federal Reserve Chairman Ben S. Bernanke said American International Group Inc. operated like a hedge fund and having to rescue the insurer made him “more angry” than any other episode during the financial crisis. “If there is a […]

GM Says Opel Running Out of Cash; Three Factories Risk Closure

March 3, 2009 : Permalink

Bloomberg – General Motors Corp. said its European Opel unit risks running out of cash next quarter, threatening three factories with closure and imperiling as many as 300,000 jobs across the region. Opel, based in Ruesselsheim, near Frankfurt, is struggling […]

Hedge funds can now borrow from Fed

December 23, 2008 : Permalink

FierceFinance – The government is committed to keeping the wheels of consumer credit greased. To that end, it has launched a $200 billion effort to support the market for consumer receivables.  The Fed announced it will "offer low-cost three-year funding […]