A Citadel Investment Group LLC executive
who ran an unprofitable credit investment group for the large
hedge fund company has resigned, a person familiar with the
matter said on Friday.
As millions of homeowners fall behind on their mortgages, a fledging Web site called the Mortgage Lender Implode-O-Meter is gleefully tallying the number of lenders that run into trouble too. On Monday, the count was 265 — and rising, the New York Times reported.
While market volatility can be nerve-racking, including certain investing strategies can help soften the blow or allow you to generate significant upside from these big swings. Diversification is a relatively safe and simple way. Hedging is another.
Ken Griffin and Eddie Lampert are not just two "Midwest Masters of Money" they're also "Wall Street Whales." In Friday’s Web Extra find out how to trade in their wake!... Read More