Fast money is building in Potash after BHP Billiton’s $39 billion hostile bid, but the sheer size of the potential deal could limit the sway arbitrageurs and hedge funds have on the outcome.
A year after the financial crisis subsided, the $2.5 trillion private-equity industry is finding the easy money may be gone.
Who cares what the “Smart Money” is doing right now? The market is now processing a concurrent Chinese and American slowdown, so believe me when I tell you that if this continues, the Smart Money is just as screwed as the Dumb Money. …
Hedge funds focusing on Asian investments experienced heavy losses in the second quarter, but that did not seem to deter investors from giving them more money.
You know how, like, your grandparents have no choice but to buy the convertible bonds of casino companies and trade Chinese penny stocks because the rate on their money market fund is basically 2 basis points? …
Then they go on to point out that the average bank account’s interest rate is .75% versus the ridiculous .04% that traditional money market funds are paying, so maybe some of the $1.1 trillion went there. …
The court-appointed trustee seeking to recover billions of dollars lost by Bernard Madoff, the jailed financier, sued three entities Thursday to get back more than $30 million that he said the Madoff family had invested, mostly in oil …
Morgan Stanley, buoyed by rising revenue, set aside 37 percent more money to pay employees in the first half of this year.
Private equity real estate fund-raising fell in the second quarter to its lowest level since 2004, suggesting that a recovery has yet to take root in the investment property market.
When the credit markets dried up in 2008, they were caught in a squeeze as they struggled to liquidate long-term assets to repay short-term loans they had taken from money market and commercial paper markets. …
