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Big discounts for private equity stakes

November 25, 2008 — 9:27am ET | By Jim Kim
The private equity fund secondary market has been active as of late. Unfortunately, a bear market has set in for stakes in many funds. In some cases, stakes have traded for as little as 30 cents on... Read more...

Can Cerberus still save Chrysler and GMAC Financing?

September 3, 2008 — 11:53pm ET | By Jim Kim
Cerberus Capital, run by Stephen Feinberg, is staring at the abyss right now regarding Chrysler and GMAC Financing. The New York Times characterizes the fund as "racing to salvage" its investments in... Read more...

So who will run Wachovia?

June 30, 2008 — 11:36am ET | By Jim Kim
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...

ALSO NOTED: Richard Bove bullish on many banks; Court aproves gender suit settlement at Citigroup; and much more...

May 2, 2008 — 6:59am ET
Company News: > Citi Investment Research analyst bullish on Lehman Brothers. Article  > Microsoft to announce... Read more...