6 articles found within the last year.
Displaying results 1 - 6
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Ex-Fannie head to replace Edens as Fortress chief executive
Fortress Investment Group is likely to appoint Daniel ... Mudd, who is on the company's board, would ... The surprise move comes as Fortress, which has...
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Banks use life insurance to fund bonuses
Banks are using a little-known tactic to help ... Banks took out much of this life insurance ... Bank of America has the most life insurance ... The insurance policies essentially are informal pension funds ... Though not improper, the practice is similar to ... Efforts to rein in the practice largely have...
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Comment: High time to save the world
James Bond has become the most valuable movie ... Audiences are entertained by Bond's exploits. But the ... The preference for order over chaos runs deep ... Over the last year we have moved into ... But despite more gloomy economic data, evidence that ... A good illustration is the decision of the...
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'Gloomy' Goldman picks top trades for next year
Goldman Sachs has unveiled seven of its top ... In its global economics weekly report today, Goldman ... The trades range from going long on Chinese ... Trade number five is selling credit protection on ... Goldman said mounting concerns about Sweden’s banking sector’s...
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Treasury: US has 'turned the corner' on financial stabilisation
Treasury Secretary Henry Paulson waged a defence of ... "The rescue package was not intended to be ... Still, he expressed some hope that efforts are ... Appearing alongside Federal Reserve chairman Ben Bernanke and ... The officials were appearing before congressional lawmakers who...
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Managers face uphill struggle on valuation
Portfolio valuation has become one of the most ... The fear this generated in the market at ... It said it planned to visit banks and ... Sean Morgan, business development director at software vendor ... While more than 80% of those interviewed said ... It is difficult to generalise and the level...
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