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Can hedge funds really time the market?

October 10, 2008 — 1:16pm ET | By Jim Kim
By all accounts, hedge funds are having a terrible month, among the worst since the industry started keeping score. So it might surprise people to hear that some researchers have concluded that hedge... 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...

Wall Street firms to axe more jobs this fall?

September 3, 2008 — 9:14am ET | By Jim Kim
Summer proved to be a cruel season on Wall Street. The bloodletting was fierce. But as Breakingviews notes, the picture could get even worse come fall. Historically, job cuts have been mild in the... Read more...

A look at how Apollo is faring

August 4, 2008 — 5:08pm ET | By Jim Kim
TheDeal.com weighs in with an interesting look at how private equity bigwig Leon Black and Apollo Management have been faring through this credit downturn.... Read more...

Pain spreads to East Hampton

July 27, 2008 — 2:00pm ET | By Jim Kim
So how bad is the downturn on Wall Street? Bad enough to spread to East Hampton, a favorite play area for the made-it Wall Street set. Tax revenues in the town are down 42 percent from last year. The... Read more...