The hedge funder also says the government may be responsible for possible damages for faulty ignition switches because it was running GM.» Read More
Pershing Square Capital Management tells CNBC it is not short the stocks of any banks.
From New York to California, public pension funds staked billions in good times on the highest of Wall Street high rollers: hedge fund managers and corporate buyout specialists. But for many of these pension funds — and the millions of people who are relying on them for their retirements — that gamble is not paying off as hoped.
You don’t have to work on Wall Street to play in the major leagues.
Global stocks were up Thursday, ahead of the long Easter weekend, with banks and commodities leading the gains. Experts tell CNBC that while caution should reign when investing in banking stocks, commodities have potential over the long term.
Global stocks were down Wednesday, after poor results from U.S. aluminum producer Alcoa dragged Wall Street lower and sparked fears of a disappointing earnings season. Experts tell CNBC they see value in banks in China and Singapore, but stress caution when approaching markets.
The markets could see a 1938-type recovery this year, said Barton Biggs, Traxis Partners managing partner.
Global stocks were mixed Tuesday with the banks dragging the most after noted analysts Meredith Whitney and Mike Mayo warned on the sector ahead of U.S. earnings season. Experts tell CNBC that more pain is ahead for financials and as a result, investors should avoid them.
Global stocks started the week in positive territory Monday, with banks and oils leading the gain, as investors became more reassured that the global economic slowdown has bottomed. Experts tell CNBC how to make money at this time.
Global stocks slipped Friday as the positive sentiment stemming from the G20 summit's coordinated action and united front diminished and was replaced by caution ahead of the U.S. nonfarm payrolls report.
Global stocks were higher Thursday and leaders from around the world met in London for the G20 summit, aiming to tackle the financial crisis and economic slowdown. On this positive note, experts tell CNBC various Asian markets are beginning to look attractive.
Global stocks were mostly lower Wednesday, the first day of the second quarter, as political and finance leaders swarm to London for the G20 summit. Experts tell CNBC that we are still in a bear market, despite the recent rally, and advises investors to sell into these bear-market rallies.
Plus, Cramer answers questions about gold’s historical underperformance and how big-money funds boost quarterly performance.
Sure, the market saw some losses today. But that’s a good thing for investors.
A federal judge in New York today granted a 30-day continuance in the case of Arthur Nadel, the 76-year-old Florida hedge fund manager accused in a "mini-Madoff" scheme.
Global stocks were in the red Monday after a U.S. task force rejected turnaround plans for General Motors and Chrysler, sparking a fresh wave of risk aversion among investors. Experts tell CNBC how to invest throughout the credit crunch.
Calpers, California’s public pension fund, told over two-dozen hedge fund managers this month that they could lose Calpers’ business unless it gets better terms such as changes in fee structures, according to the Wall Street Journal.
US Treasury Secretary Timothy Geithner asked Congress to bring hedge funds under Federal supervision for the first time Thursday. The Treasury chief wants funds to register with the Securities and Exchange Commission to increase transparency in the sector.
This battle royale is benefiting tech in a big way.
Last year 25 hedge fund managers made $11.6 billion in pay trading above the pain in the markets, the New York Times reports.
Hedge funds and mutual funds have reconsidered their bearish sentiments now that the market is turning. Retail investors, take note.
Hedge fund managers aren't concerned about the sharp price drops of Fannie Mae and Freddie Mac stock this week.
Happy Friday. And when I say "Happy Friday," I mean I'm happy and it's Friday, and not by coincidence.
There are lots of reasons to like the market and lots of reasons not to like it. By year's end they may yield nothing.