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infighting
Latest Headlines
Latest Headlines
The beginning of the end at Citigroup?
What to make of the additional 53,000 jobs cuts at Citigroup? The cuts, part of an on-going effort to slash the head count by 20 percent from a high of 375,000, are certainly draconian, but they will not be enough. Cost controls alone will not be able to revive Citi. The fact that the company seem
When hedge fund infighting turns ugly
When a hedge fund managers start to bicker, customers tend to suffer. Turtle Fund investors may have been surprised to learn recently that its managers had stopped trading the fund. The majority partner of the advisor, DFL Financial Services, revoked the trading authority of all others and liquida
