The hedge funder also says the government may be responsible for possible damages for faulty ignition switches because it was running GM.» Read More
With up to 60,000 barrels of oil spewing into the Gulf on a daily basis, the $20 billion Gulf fund may be something worthwhile for investors.
Don’t get too excited by Thursday’s triple-digit Dow gains. They weren’t entirely the product of solid fundamentals.
The two reasons why the renown hedgie likes this financial institution.
The common wisdom is that the very rich are often immune from the ups and downs of the economy. If that's true, it's good news for real estate developer Richard Kurtz, who is selling is his mega-mansion, the priciest property in Alpine, N.J., in the nation’s wealthiest zip code. That code, by the way, is 07620, a half-hour drive from Manhattan.
Wall Street officials, who have invested heavily in lobbying against the Lincoln amendment, are hoping Tuesday's Arkansas run-off race will be its death sentence.
We learned something important at Wednesday's Financial Crisis Inquiry Commission: the power of the duopoly privilege enjoyed by Moody’s and Standard & Poor’s is what drew Warren Buffett to make his Berkshire Hathaway the biggest shareholder in Moody’s.
Lockheed Martin's General Counsel James Comey is leaving the company to join hedge fund Bridgewater Associates.
There’s something missing from today’s Financial Crisis Inquiry Commission hearing at The New School in New York.
As it investigates a suspected kickback scheme in New York’s pension system, the Securities and Exchange Commission has been pushing to bar Steven L. Rattner, a prominent financier and former adviser to the Obama administration on the auto industry, from working in the securities industry for up to three years, according to three people told of the discussions. The NYT explains.
A pair of homes, and their troubled mortages, are a window into the mysterious and risky world of mortgage backed securities. These loans provide insight into the underlying collateral of a 'toxic asset' recently purchased by CNBC.
Goldman Sachs may have found a way to compromise with the Securities and Exchange Commission that will allow both sides to declare victory.
Hedge Fund manager David Einhorn said he remains very bearish on the prospects for ratings agency Moody’s.
Hedge fund manager David Einhorn reiterated his short stance on Moody's that he specifically zeroed in on last year.
FBI agents arrested two individuals, including one Disney employee, in Los Angeles Wednesday morning on charges related to insider trading, CNBC has learned.
Goldman Sachs is preparing to file a full-blown, point-by-point defense against the fraud allegations filed by the SEC, people familiar with the matter told CNBC.com.
This is the text of a letter the FBI says was sent to hedge funds and other investment companies in the United States and Europe. It is included in the complaint against Bonnie J. Hoxie and Yonni Sebbag, who have been charged with trying to take advantage of inside information about Disney's finances.
The government’s case against accused insider trader Raj Rajaratnam has taken an unexpected twist. The government is now investigating leaks to journalists alleged to have come from the Justice Department and the Securities and Exchange Commission.
It was a midday “throw-down,” or shouting match, between two lawyers at opposite ends of the carried-interest debate, as they gave their views on CNBC Monday.
New legislation on closing the tax loopholes, if passed, would substanially change the way fund managers are taxed.
With gold settling below $1200 an ounce on the Comex late this week, investors are starting to take a hard look at this so-called “safe haven” asset.
Happy Monday, and, of course, Happy St. Patrick's Day. Nothing Wall Streets likes more than the wearing o' the green.
Geopolitical and global growth turmoil currently haunting the markets has raised another nasty specter.
Hedge fund managers aren't concerned about the sharp price drops of Fannie Mae and Freddie Mac stock this week.