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So who will run Wachovia?
Chairman and interim CEO of Wachovia Lanty Smith is leading the search for the troubled bank's next CEO. Breakingviews suggests that he needs to hurry up. The delay, to Read more...
Separating the men from boys in private equity
These are tough times in the private equity industry. But it's time like these, one could argue, that the strong get relatively Read more...
Can the alternatives boom keep on booming?
When you get down to it, the private equity and hedge fund industries were built on the backs of millions of hard-working folks earnings civil servants wages--police officers, teachers and others. Read more...
Hedge funds favoring Obama?
Despite some rhetoric about getting tough on the rich, candidates Hillary Clinton and Barack Obama have not sought to make an issue out of alternative investments and their tax treatments. But of Read more...
C&L: Executive Moves
> Harvard endowment taps Jane Mendillo Read more...
CalPERS senses new era
Super Return 2008 is underway in Munich. Leon Shahanian, the senior investment officer for alternative investments with the California Public Employees Retirement System (CalPERS), spoke about the Read more...
Bain Capital wraps up massive fund raising effort
Financial News Online notes that Bain Capital is wrapping up a new $20 billion buyout fund. The slowdown in the industry apparently has Read more...
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Read more... Wow! Pandit takes major action already
Vikram Pandit, moving to instill a take-charge tone immediately, has announced that Citigroup will bailout seven SIVs, which will likely require moving assets on the Citigroup balance sheet next Read more...