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Hostile deals back in vogue

We've noted that hostile deals are back in vogue, which may be making some people feel like they're back in the 1980s. What with Read more...

Are we in for a wave of bank failures?

Remember the thrift crisis? Few people predicted the decimation of the S&L industry in the late 1980s and 1990s. Many went under due to imprudent real estate lending and, in some big-name cases, Read more...

FBI now looking into subprime mess

This is not a good sign. But we should have expected it. Big booms tend to end with loud bangs that draw the attention, rightly or not, of criminal prosecutors. The merger boom of the 1980s. The Read more...

No spate of outright bank failures expected

It's not inconceivable that the credit crises can lead to wholesale failures. Just look at the savings and loan crisis of the 1980s. But in this current crisis, Fortune notes that we're not likely to Read more...

Petrodollars moving abroad

We've seen this before: cash reserves abroad being put to work in the U.S. Japanese buyers were thought to be in a position to buy up New York in the 1980s. China has been on a shopping spree as of Read more...
Tags: Citigroup   1980s   Carlyle Group  

Fear settling in on Wall Street

As the crunch rolls along, it's clear that there's going to be a lot more layoffs on Wall Street. The bonus season in most places will be gloomy but not a downright disaster thanks to good results in Read more...
Tags: 1980s   bonus  

Paul Tudor Jones 20 years after the crash

Paul Tudor Jones II--and his friend Robert Prechter, of Elliott Theory fame--famously called the crash of 1987. It burnished their images, that's for sure. Jones of course went on to have a great Read more...

Bear Stearns in talks with Buffett

So the rumors turned out to be true. The New York Times has confirmed all the rumors that Bear Stearns was in talks to sell a large stake in itself. But who could have guessed they were talking to Read more...

The 'private equity effect' in full force

With massive amounts of cash at hand, there are few companies that do not have to worry about private equity companies. We used Read more...

Tags: Private Equity   1980s  

Former short seller thrives going long

Remember Matt Feshbach? He was best known as one of the short sellers of the 1980s, who was ultimately dealt some big blows by bull markets. His short funds were all closed by the early 1990s. Read more...