FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
David Einhorn's stature soared when he laid a spectacularly winning short bet on Lehman Brothers--in full view of the world. But that glow has faded. Fortune notes that Einhorn's firm, Greenlight... Read more...
Love him or hate him, Harry Macklowe in many ways defines the zany New York real estate market. His next chapter may be a sad one; he looms large as a personal victim of the credit crunch. Fortune... Read more...
There have been conflicting reports as to how much money Goldman Sachs intends to raise for its splashy new hedge fund launch. Whether it's $6 billion or $10 billion or somewhere in between, it will... Read more...
The regulators and industry didn't really get worked up until the credit crunch hit money market mutual funds. Think about it. Via the alchemy of securitization, some quite risky assets were pooled... Read more...