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Is the risk stemming from credit default swaps (CDSs) passing? Business Week weighs in with an article noting data from the International Swaps & Derivatives Assn. that says $25 trillion in... Read more...
BlackRock CEO Larry Fink is dominating the headlines like he did a few months ago, when it seemed like he was a candidate for every high-profile open CEO position. His firm is playing an active role... Read more...
TheStreet.com suggests that Michael Nierenberg, who has been hired by Merrill Lynch to head up global mortgages and securitized products, could command up to $10 million in pay. Hedge fund D.E. Shaw... Read more...
Is this an omen? Goldman Sachs, which has weathered the storm as well as any bank, has reported a big rise in its Level 3 assets. The AP notes... Read more...
We've noted that hedge fund Peloton was an industry star until just recently, when it was forced to halt redemptions. More details are emerging as the fund winds downs. It seems that the firm's ABS... Read more...