UPS news from FierceFinance
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Big debate rages about charges against Bear Stearns execs
Recall that Ralph Cioffi and Matthew Tannin, portfolio managers of the two Bear Stearns hedge funds that collapsed a little over a year Read more...
Google's chances as a VC
Like a lot of tech titans before it, notably Microsoft and Intel, Google wants to spread some of its wealth to start-ups. Running a VC operations presents certain benefits. If you can find the right Read more...
Kleiner Perkins and the next big thing
In some ways, you could call Kleiner Perkins Caufield & Byers the Goldman Sachsof the venture capital industry. The storied firm has long defined excellence and is Read more...
Ready for 'write-ups' in the second quarter?
Breakingviews notes another reason to think that the worst of the credit crisis may have passed. Credit default swaps on collateralized debt obligations and leveraged loans have staged impressive Read more...
Second-quarter earnings still a question mark
Goldman Sachs analyst William Tanona has reduced his second-quarter earnings estimates at Bear Stearns, Lehman Read more...
Will Robert Rubin step down at Citigroup?
In the past, Robert Rubin has described himself as Citigroup's consigliere. But the credit crunch has not been kind to the big bank, and Read more...
VCs still pouring money into net
First-quarter investments in Internet companies more than doubled from a year ago, to $1.58 billion in 170 deals, both record numbers (Dow Jones VentureSource). The amount invested was up nearly 50% Read more...
Citigroup struggles to keep clients and brokers
Citigroup's first-quarter earnings weren't hugely inspiring. You have to wonder whether this will accelerate the move by many clients and Read more...
SPOTLIGHT: Hedge funds betting on distressed debt
Hedge funds have got to make money, whether the markets move up or down. So it's not surprising that the majority of them are loading up on distressed securities. Many also are expecting more Read more...
More hedge fund failures this year?
Somewhat surprisingly, the number of hedge fund failures in 2007 declined compared to 2006. Forty-nine hedge funds shutdown in 2007, representing $18.8 billion at Read more...