rumors news from FierceFinance

When Third Point--the hedge fund operated by the well-known Daniel Loeb--registered as an investment adviser last year, the SEC undertook an audit and noted that managers often talk to managers at... Read more...

One could argue that Jaime Dimon and his JPMorgan Chase benefited from the implosion of Bear Stearns. They got the bank on the cheap,... Read more...

Rumors can be a nasty business on Wall Street. Increasingly, it's a high stakes business. There's already been one prosecution. The SEC recently announced a settlement with Paul Berliner, a trader... Read more...

Ah, rumors. We've noted their power on Wall Street. Now some are wondering whether those rumors about Bear Stearns were maliciously spread by people who took a... Read more...