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Alliance Data
Latest Headlines
Latest Headlines
The art of the rumor
Rumors can be a nasty business on Wall Street. Increasingly, they're a high stakes business. There's already been one prosecution. The SEC recently announced a settlement with Paul Berliner, a trader formerly associated with the Schottenfeld Group; he was alleged to have spread rumors that the B
Trader charged with spreading rumors
You might think that rumor mongering is a grand Wall Street tradition. You may be right. But the stakes are much higher these days. The SEC just announced a settlement with Paul Berliner, a trader formerly associated with the Schottenfeld Group; he was alleged to have spread rumors that the Bla
The art of ending a deal
Alliance Data's announced intention to sue the Blackstone Group  highlights the trickiness involved in ending a deal. A good strategy, of course, is to somehow blame the banks, if possible. In the case of the Blackstone Group-Alliance Data deal--at one time worth more than $6 billion--the end
