Tag:
Subprime Crisis
Latest Headlines
Latest Headlines
Philip Falcone: Bad news continues to mount
The hits keep coming for hedge fund manager Philip Falcone. Fresh off the news that Goldman Sachs and Blackstone had redeemed funds comes word that the SEC is taking a look at a loan from one of Falcone's smaller funds to him personally.
The U.S. attorney's office for the southern district and
A web bank makes it to 10 years; so what?
There was once a day when the world was infatuated with the idea of a purely Net-based bank. The efficiencies to be gained from not having to operate bricks-and-mortar branches were seen as
D&O insurance costs rising
We've noted that boards of top financial firms haven't really been held accountable for the turbulence over the past year. But the subprime crisis is hitting home in another way: rising D&O insurance costs. Financial Week notes that so far, only banks and financial services firms have been
Subprime crisis leads to litigation surge
Is there anyone who profited from the subprime crisis? Well, some hedge funds bet correctly of course, led by Paulson & Co. JPMorgan Chase's Jamie Dimon and the New York Fed's Tim Geithner each saw their status rise. Goldman Sachs was able to separate itself a bit from its investment banki
Data governance and the subprime crisis
To some people "data governance" may come across like just another buzzword. But IBM is predicting that it will become increasingly important over the next few years, as more companies and regulatory
