Tag:
Alan Greenspan
Latest Headlines
Latest Headlines
A seer ahead of her time...
Brooksley Born was ahead of her time. She was the head of the CFTC a decade ago and raised alarms about the rise of derivatives and their ability to cause financial catastrophe. She wanted to--horror!-- regulate derivatives but she ran into some powerful opposition, the Washington Post notes.
Creeping toward nationalization?
What to make of all this talk of nationalization? It once seemed to be a far-fetched solution, but then Fannie and Freddie were forced into conservatorship. Now, the idea is being talked about as a real possibility for the likes of Citi and Bank of America. In fact, according to CNBC , some
Video: CNN's Culprits of the Crisis - Alan Greenspan
Check out the CNN video on Alan Greenspan below:
Embedded video from CNN Video
(Alan Greenspan, Credit Crisis)
Greenspan's reputation suffers in crunch
Alan Greenspan was once considered a central banker nonpareil, a man feared and respected. But that reputation is long gone. His legacy is getting trashed, and once-whispered reservations are breaking into the open. At a Congressional hearing this week, he admitted he was "partially" at fault for
ALSO NOTED: Morgan Stanley to sell MSCI shares; WaMu spurned JP Morgan in favor of TPG; and much more...
Company News:
> Franklin Resources suffers withdrawals. Article
> Morgan Stanley to sell MSCI shares. Article
> Carlyle raises $1.4 billion for distressed securities fund. Article
> Merrill Lynch to focus on costs. Article
> JP Morgan Chase says it bo
SPOTLIGHT: Alan Greenspan
The former Fed chief is hitting back at the critics who recently have emerged. He says the link between his policies and the real estate bubble are weak. Article
(Alan Greenspan, real estate bubble)
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. Article
> KBW cuts rating on State Street. Article
> Wachovia may halt some loans to California. Article Â
> Bear Stearns' director's firm sells
ALSO NOTED: Wharton Assets delists two hedge funds; Bank of America hikes ATM fee; and much more...
Company News: > Julius Baer rolling out new U.S. products. Article > Wharton Assets delists two hedge funds. Article > Bank of America hikes ATM fee. Article > British lender bailed out by government. Article
Industry News: > Weather fund faring
ALSO NOTED: Fortress earnings shortfall widens; Goldman Sachs credit rating affirmed; and much more...
Company News: > Goldman Sachs credit rating affirmed. Article > Fortress earnings shortfall widens. Article > CME Group to lay off 380. Article > Lone Star sued for backing out of deal. Article > Hedge fund AQR addresses restive investors. Article
ALSO NOTED: NYSE Euronext volume soars; CME, CBOT merger appears on track; and much more...
Company News: > New sharia-compliant manager of managers fund. Article > More on Goldman Sachs threat.
