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FINANCIALS
Hedge funds will be decimated
By Katie Benner, writer WASHINGTON (Fortune) -- A Congressional panel grilled five of the worlds richest and most powerful hedge fund managers Thursday as lawmakers sought to understand how much blame they could assign the little-understood hedge fund
Source: CNNMoney.com
Views: 30 comments on "Hedge funds will be decimated"
Thursday, 08 January 2009
Dell Cuts 1900 Jobs at Irish Plant to Lower Costs
By Louisa Nesbitt and Ian Guider Jan. 8 (Bloomberg) -- Dell Inc., the world’s second-biggest personal-computer maker, will cut 1900 jobs at a plant in the Irish city of Limerick to...
(Source: Bloomberg) read more...
Thursday, 08 January 2009
Yen Strengthens as Stock Drop Boosts Currency’s Haven Appeal
By Ye Xie and Bo Nielsen Jan. 8 (Bloomberg) -- The yen rose to the strongest level against the euro in more than two weeks and advanced versus the dollar as a global drop in stocks...
(Source: Bloomberg) read more...
Thursday, 08 January 2009
Madoff Con Hits Boston, Home to Victim Shapiro, Ponzi
By Tom Moroney, John Lauerman and Brian K. Sullivan Jan. 8 (Bloomberg) -- Carl Shapiro’s name is chiseled into Boston’s largest academic and medical centers, testament to the...
(Source: Bloomberg) read more...
Thursday, 08 January 2009
Satyam Founder Sparks India’s Enron With Fake Reports
By Saikat Chatterjee Jan. 8 (Bloomberg) -- Ramalinga Raju built Satyam Computer Services Ltd. into India’s fourth-biggest software maker over two decades.
(Source: Bloomberg) read more...
EchoStar Unveils World's First Placeshifting HD DVR at 2009 CES » (CNNMoney.com)
Microsoft CEO: Yahoo Deal Is "A Thing Of The Past" » (CNNMoney.com)
Microsoft CEO: Yahoo Acquisition: 'Thing Of The Past' » (CNNMoney.com)
Treasurys down after $30B auction » (CNNMoney.com)
- Stocks knocked by recession fears
- Unemployment could get truly gruesome, analysts predict
- EMC Will Reduce Work Force 7%
- Satyam Accounting Scandal Erodes Confidence in India Equities
- Oil tumbles 12% on still-growing supply
- A Timely Warning on Cable
- Bed Bath & Beyond earns fall 36 percent in 3Q
- New Rules for Fuel Economy Will Have to Wait
- Wyeth, Vaccine-Maker Crucell Talk $1.35 Billion Bid
- Bank of America, Wells close mergers as banking transforms
- Wells Fargo Closes Merger With Wachovia - Update
- Markets Limp Into 2009 After a Bruising Year
- Thieves return alleged swindlers statue
- Minimum wage increases
- Single Lotto ticket worth $6 million
- Sun shines on 120th Rose Parade in Pasadena
- Lipstick on a pit bull: Gov. Palin rises to Levis defense
- New England hit by New Years Eve snowstorm
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