Tag:
Short Position
Latest Headlines
Latest Headlines
German bank sues Citigroup, JP Morgan
IKB, a German commercial bank, has never been a well-known company in the United States, even in financial circles. But it was able to raise its profile significantly--and unfortunately--after it was named as one of the big victims in the SEC's famous suit against Goldman Sachs that alleged all so
Hedge funds bet on S&P index decline
At a time like this, it makes sense to short aggressively. But as we've noted often, there's a fine line between hedging and speculating, and it's quite possible that a lot of hedge funds will soon get burned.
According to Financial News , hedge funds held a net short position of 71,980 sho
Accelerated stock buybacks make a comeback
As companies ponder what to do with their mounting piles of cash, we are seeing more companies consider structured buybacks as a more effecient way to gain the benefits of stock buybacks.
The Financial Times notes that so-called accelerated buybacks are staging a minor comeback at the mome
Richard Bove responds to critics of his Goldman Sachs report
Richard Bove made headlines yet again when he issued a report to clients recently that cast great doubt on the idea that Goldman Sachs net short the mortgage market at the peak of the financial crisis. The issue is white hot in part because a few Senators think Goldman Sachs CEO Lloyd Blankfein mi
Can a Goldman Sachs short position push securities down?
Should you quake in fear if you find out you own some securities that Goldman Sachs ( GS ) is shorting? It's an interesting question. There are many who would assign a lot of significance to a large Goldman Sachs short position. The stature of the firm is such that many people--say issuers of mu
Drunk Morgan Stanley trader reprimanded
In February 2008, according to the U.K.'s Financial Services Authority and reported by Bloomberg , David Connor Redmond, then a trader in Morgan Stanley's commodities division, took an "extended lunch break...He drank alcohol over lunch and it appears that this affected his behavior on his retu
How to grapple with short sellers?
Short sellers, who seemed so out-of-favor just a few years ago, have had a great run recently. There certainly have been plenty of targets. The Financial Times raises a timely issue: How do you deal with short sellers if you have been targeted? Lehman Brothers took the let's-talk approach
