Tag:
speculation
Latest Headlines
Latest Headlines
Roubini tweets about the next MF Global
And the next MF Global is..?
Noriel Roubini rocketed to fame when he correctly predicted the real estate and financial crises that devastated the economy. People in high places have been paying attention to him ever since. Which brings us to a few tweets he issued recently about the next MF Gl
Bank of America explains web site outage
Bank of America found itself in a tough situation when its web site stopped working, about six or seven days ago.
The worst thing Bank of America could have done was spread misinformation, so it remained mum on the exact cause other than to say it did not think it was a distributed denial of s
Finally, Goldman Sachs comes out swinging against Senate report
The aftermath of the Senate Permanent Subcommittee's scathing report on the CDO practices of Goldman Sachs and other big banks quickly reignited the whole issue of whether Goldman Sachs or its executive would face criminal charges.
The issue flared especially when the Manhattan District Attorn
Hedge fund executives arrested in probe
As the expert network insider trading investigation moves along, most people assume federal investigators were angling to charge more hedge fund executives. No one was surprised when two hedge fund managers were arrested on insider trading charges and a another manager and analyst agreed to plead
The big copper buyer mystery remains unsolved
The price of copper keeps going higher, another great example of the bull market in commodities and metals. Copper prices rose to yet another record high this week on the London Metal Exchange, as "speculation swirled about the identity of the trading house sitting on the large position at the LME
The FBI vs. hedge funds
A lot of people assume that Galleon is merely the tip of an iceberg of fraud. There has been lots of nervousness in the industry which is wondering who's next. A lot of speculation has fallen on SAC, one of the big daddies of the industry. A big criminal enforcement action against it or its founde
Rumors abound about Cerberus
There has been chatter about another major hedge fund experiencing lots of trouble. Some thought a fund default might be likely. Cerberus cropped up in all the talk. Company officials tried to douse the flames, saying there was no truth to such speculation, notes Reuters .
Such talk is und
The four horseman of the stock market
Is this a scary sign: Citi, Fannie Mae, Freddie Mac and Bank of America have been the most actively traded Big Board stocks as of late. Overall volume has been weak, which has allowed these four horsemen to wield a lot of influence over the overall market.
"This is kind of scary," notes CNNM
So what should Goldman Sachs do?
Goldman Sachs is being taken to task by Business Week 's David Henry, who thinks Goldman Sachs ought to say a lot more about the case of Sergey Aleynikov, who has been charged with stealing some proprietary computer code that resides in some of Goldman's stock and commodities trading programs.
10 banks will need to raise capital?
Reuters reports that 10 of the 19 banks being subjected to stress tests will be told by the Treasury they need to raise capital. The banks on the list have so far not been made public, though there has been a lot of speculation about Citigroup, Bank of America, Wells Fargo, PNC and some other
