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Bank of England
Latest Headlines
Latest Headlines
Return of the hedge fund swashbucklers?
In the golden era of macro hedge funds, names like Soros, Robertson, Bacon and Kavner inspired awe. People still talk of Soros as the man who nearly broke the Bank of England. Quietly, these funds are coming back into favor, as so many other hedge funds tank.
Global macro funds actually gained
Soros offers an alternative rescue plan
George Soros, once known as the Man Who Broke the Bank of England, was in Washington to make clear that he doesn't think much of the bailout plan that Congress just rejected. Rather than an RTC-like plan, he suggested an alternative that would recapitalize banks in similar fashion using preferred
The greatest short bets of all time
When John Paulson, of Paulson & Co., bet against mortgage-backed collateralized debt obligations, he didn't hold back. His funds shorted the ABX and longed various credit default swaps--and it paid off. His $15 billion profit in 2007 is the stuff of legends. According to Business Week Online
