The hedge funder also says the government may be responsible for possible damages for faulty ignition switches because it was running GM.» Read More
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.
Some people say you should let an "expert" manage your money. We say those people are wrong.
Cramer applauds Obama for taking much-needed action – actions the Mad Money host has been cheerleading for some time.
The Federal Reserves recent bold moves are just what the market needs, Cramer says.
The show celebrates its fourth anniversary this week. Cramer took the time to renew his vows, so to speak, to viewers.
Madoff is now in jail at the Metropolitan Corrections Center, very near the Federal courthouse building where he made his plea. Here's what he faces in his new digs.
Prosecutors will bring additional charges as warranted against Bernard Madoff or anyone else involved in the fraud that bilked investors of billions.
The stock market is still an unsafe place for investors as quantitative easing, by which central banks boost the supply of money attempting to kick-start economies, is unlikely to work, Hugh Hendry, Chief Investment Officer at Eclectica, told CNBC.
Universities are being run like hedge funds, Cramer says. And that's costing students big money.
Even in today's mortgage market, one investor's toxic waste is another's opportunity. But it takes a strong stomach to play.
A year ago UK lending facility Northern Rock was nationalized by the government. Since then, there has been the nationalization and saving of many more financial institutions worldwide.
From the dramatic rise and equally dramatic fall of fuel prices, to the volatile moves in Asia-Pacific forex markets, and now, slumping passenger loads, fate has dealt a cruel blow to the airline industry.
Overly negative investors will miss what opportunities this market has to offer. So consider the following list before completely giving up.
We're in the midst of preparing a CNBC-sponsored debate program from WEF, "No Way Back", so here's a sneak peek at what the the all-star panel had to say.
JPMorgan Chase says that its potential losses related to Bernard L. Madoff, the man accused of engineering an immense global Ponzi scheme, are “pretty close to zero.” But what some angry European investors want to know is when the bank cut its exposure to Mr. Madoff — and why, the New York Times reports.
A Florida hedge fund manager who disappeared this month just as he was due to pay investors $50 million turned himself in to authorities Tuesday to face federal securities and wire fraud charges.
The court-appointed receiver in the case of missing hedge fund manager Art Nadel says Nadel has been defrauding investors since at least 2003, "and in all likelihood before then."
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.
Most industries recoil at too much regulation. Bitcoin is finding out what happens when there's not enough.