The currency war is getting out of control. Here's a snapshot of the week so far in central banking.» Read More
Stop talking to yourself and feeling old. I know rainy days and Mondays get you down, but I'm here to help you feel like you belong, at least with me and the other graveyard runners:
Fairfax Financial's lawsuit against hedge fund manager Daniel Loeb has just gotten uglier.
Loeb, who runs the New York based hedge fund Third Point, is being sued by the Canadian insurance company, over allegations that Loeb misled his investors over the amount of research he did before shorting their stock.
Mikhail Malyshev, the founder of hedge fund Teza Technologies and the former head of Citadel's high-frequency trading team, has been indicted for perjury, FinAlternatives reports.
The Saudi foreign minister appears to be blaming foreigners for the unrest in Saudi Arabia—and his message on outside interference is this: "We will cut any finger that crosses into the kingdom."
JPMorgan emerged as the first Wall Street firm to the confessional Friday, conceding that economic growth in the first quarter will be far less than earlier optimistic projections.
The insider trading allegations against former McKinsey & Co. chief Rajat Gupta led to a bitter dispute between federal prosecutors and securities regulators, according to people familiar with the matter.
It was a dark and stormy night. A dozen or so men from the higher reaches of hedge funds and private equity firms had gathered together in the basement of a building in Greenwich Village. The purpose that had brought the dozen together was not plotting out the next big trade.
These men were there to play ball. Literally. They were playing basketball.
Just because covenant-lite loans didn't implode during the last credit crisis doesn't mean they're safe: The next downturn in the credit markets may be all it takes to push the risky loans over the cliff face.
The currency war is getting out of control. Here's a snapshot of the week so far in central banking.
Banks no longer are the center of the market universe, Meredith Whitney said at a conference Wednesday.
Investments by academic institutions did well in 2014, boosting long-term performance records hit during the financial crisis.