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Tough year for activist hedge funds; Icahn struggling
We've noted that activist hedge fund managers are struggling this year. The best example is Carl Icahn. The New York Post reports his hedge funds are suffering their first losses since starting up in Read more...
Is another shoe about to drop in crisis?
Not too long ago, bank executives and regulators were suggesting that the worst of the credit crisis was over. Once Bear Stearns effectively went belly-up, people thought, 'okay, we've had the big Read more...
E*trade at the precipice?
It has been a long, hard road for E*Trade. The rumor mill has been unkind to it, and it still is not out of the woods. Fortune notes that since October, E*Trade has watched $56 billion in customer Read more...
Bear Stearns' weird stock trip
Why is Bear Stearns stock trading above the $5 per share range? The deal with JP Morgan Chase valued the company at $2 per share. Read more...