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How far will hedge fund woes spread?

It's no secret that hedge funds both large and small are having a rough year. Is the pain about to spread to retail customers? Business Week certainly thinks so. "In the coming months, hundreds of... Read more...

The future of AIG?

AIG survives, but it will be a shell of its former self. Which may not be a bad thing. In agreeing to to an $85 billion bridge loan from the government, the insurer basically gave up operational... Read more...

Carlyle collapse a rude awakening

When you think of top private equity funds, you think of the likes of KKR, the Blackstone... Read more...

SPOTLIGHT: Already taking heat, Carlyle wants to avoid a fire sale

The bitter medicine is still going down at the Carlyle Group. It is still talking with major banks to avoid a fire sale of about $16 billion in securities, mainly mortgage-backed securities. Read more...

More hedge funds shutting down redemptions

Business Week Online notes an ominous sign: more hedge funds shutting down redemptions. You can sense that the temperature is rising on... Read more...