Tag:
Market Meltdown
Latest Headlines
Latest Headlines
Exchanges agree to market-wide circuit breakers
To its credit, the SEC ( SEC news) moved quickly to address the stunning market meltdown last Thursday, calling executives of top exchanges to Washington, where they agreed, in principle, to a new "structural framework to be refined over the next few days." We still do not know exactly what tri
Hedge funds target tottering funds
Hedge funds have hit upon a new strategy: targeting competitors that may be facing a surge in redemptions. The Financial Times notes some hedge funds have been shorting securities known to be widely held by rivals. The bet is that redemptions will force some selling. It's unclear how this stra
Goldman Sachs: Should it go private?
This is not the first time Goldman Sachs has faced a crisis. Recall that in 1994, a bond market meltdown forced the partners to dig deep into their own bank accounts to finance a bailout. Breakingviews brings up the issue in the context of the current crisis, raising the notion of Goldman Sach
