Tag:
fear
Latest Headlines
Latest Headlines
Small banks vulnerable in cybercrime wave
We've noted over on FierceFinanceIT that the cybercrime epidemic has been especially hard on small companies, which often are less advanced when it comes to the anti-fraud measures that big companies can afford to invest in. This vulnerability has been noted by the hordes of cybercriminals who
Retail investors permanently soured on stocks?
Some interesting data from the ICI: In 2008, $234 billion flowed out of equity mutual funds; the selling really intensified in the fourth quarter. In 2009, some thought the worst was over, but $9 billion still flowed out of equity funds. In 2010, the outflows picked up again. As of the end of Augu
Bankers still aim for inconspicuous consumption (relatively)
Why are Bentleys in vogue on Wall Street? It could be that they are slightly less expensive than other traditionally in-vogue cars, say a Rolls Royce. But they are also assumed to attract less attention.
With bonuses back in style, purveyors of high-end real estate and goods are sensing an upt
Ross to tap PPIP, why not others?
Here's a tangible sign that businesses remain wary of government when it comes to financial reform. The government's PPIP offers, on the surface, some very sweet terms for asset management companies to speculate on distressed assets. Some are bent on jumping in. But not enough as of now.
WL Ro
Conflicts when PE firms start trading debt?
Private equity firms have made no secret that they have little choice but to dabble in distressed debt. The deal business has stalled, and on the surface trading debt seems like a logical move. But TheDeal.com notes that limited partners are not all together comfortable with the idea.
For
Administration launches mortgage plan
The next wave of home owner relief comes in the form of mortgage modification. The Obama Administration kicked off a plan that it hopes will help up to 9 million Americans. The program has two parts: First, to work with lenders to modify the loan terms for up to 4 million homeowner, and second, to
D-day for the hedge fund industry
Some people in the hedge fund industry have taken to calling Saturday, Nov. 15, D-Day--the last day for investors to make a redemption request for the year. There is some fear that a flood of such requests could force hedge funds into more panic selling. Reuters reports there is indeed a lot o
Credit card debt starting to creak
There's about $365 billion market in credit-card debt-backed securities out there. And there is fear that it will go the way of its subprime-backed cousin. The card not nearly as large, but as the economy sours, it seems fait accompli that more consumers will fall behind. Business Week notes b
World struggles to contain crisis
Did anyone really think it would get to this: a world recession? If you did, I hope you had the courage of your convictions, like John Paulson, and bet big. The fact is that the world is teetering at the edge of the unknown. The fear was evident this weekend, as world leaders continued to scramble
Money funds and the credit crunch--whew!
There were a few scenarios out there that were really, really nasty. It's one thing when accredited investors take their lumps on hedge funds. But what if Ma and Pa started taking losses on their money market funds? Many money funds, which most people equate with cash, invested in SIVs. The fear
