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Will regulators lower the boom on hedge funds?

Hedge funds were once the poster boys for bad financial behavior, but as the TARP drama unfolds we have heard less about them. Still, the issues regarding funds have not gone away. Jim Cramer has... Read more...

What to do about FAS 157?

The issue of fair value accounting and its importance was reflected in the... Read more...

No deal yet, tough vote expected

After a frenzied weekend of haggling and posturing, the administration and Congress hacked out a 110 page document that will be voted on today in the House. Passage is by no means guaranteed. There... Read more...

The public is not buying the bailout

Even as Congress seems to be moving toward a final version of the bailout plan, it's clear that the American public is not buying it. This is how the New York Times puts it: "Americans' anger is in... Read more...

Plan unveiled to shore up Fannie, Freddie

Wow! To think that just a month or so ago, people were saying that the worst of the credit crunch had passed. That line of thinking clearly was way too premature. Not only did the Bush Administration... Read more...

ALSO NOTED: Morgan Stanley buys stake in seventh hedge fund; KBW cuts rating on State Street; and much more...

Company News: > Morgan Stanley buys stake in seventh hedge fund. Article > RBC cuts Wells Fargo estimates. Read more...

ALSO NOTED: S&P: Merrill Lynch most at risk of downgrade; More on Moody's structured products revenue drop; and much more...

Company News:> More on Moody's structured products revenue drop. Article> S&P: Merrill Lynch most at risk... Read more...

Move to hike taxes on private equity continues

After the news hit that Congress would not seek a bill to hike taxes on the carried interest of private equity funds, many people, including me, thought the issue was dead. Turns out that judgment... Read more...

Banks sue in face of data breaches

About 300 banks, many of them community banks, have filed a class-action lawsuit in U.S. District Court in Boston against TJX, a company from whom 45.7 million credit and debit cardholders were... Read more...

Blackstone IPO: It's on--and soon

A week earlier than expected, Blackstone will price its IPO--probably on Thursday. It will... Read more...

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