The value of Warren Buffett's options to buy Goldman Sachs Group Inc. shares dropped by $950 million after regulators sued the bank for misleading clients on the sale of securities tied to the subprime mortgage market.
While executives of The Goldman Sachs Group Inc. were getting grilled on Capitol Hill about deals involving mortgage-related securities, another division of the company quietly made headlines of a different sort.
New York has earned the dubious honor of being the nation's leader in mortgage fraud last year, according to a report from the LexisNexis Mortgage Asset Research Institute.
The professor of economics at Yale University, and the author of "Irrational Exuberance" sits down with WealthTrack's Consuelo Mack.
Uri Landesman, head of global growth at ING Investment Management Americas, has moved over to the hedge fund arena as president of Platinum Partners LP, a $500 million hedge fund boutique.
Stephen Roseman has introduced the Thesis Flexible Fund, which aims to providers investors and advisers that want a hedge-fund-like investment but also the liquidity of a mutual fund
Billionaire hedge-fund manager John Paulson, whose $32 billion firm has been betting on an economic recovery by 2012, has pared bullish bets across his funds, according to a person briefed on the investments.
Evercore Partners Inc. said Wednesday that it has purchased Neuberger Berman's Private Funds Placement Group as it looks to expand its advisory services.
The demise of Ivy Asset Management apparently had been anticipated for some months by its employees.
The latest housing initiative announced today by the Obama Administration draws the U.S. government and, by proxy, all taxpaying Americans, further into the inescapable quagmire of a devastated real estate market.
An upturn is coming in the publicly traded real estate space, and investors need to be nimble to take advantage, says Ritson Ferguson, manager of the $1.9 billion ING Global Real Estate Fund
Two Bear Stearns executives who ran hedge funds that crashed in 2007 amid the subprime mortgage meltdown were acquitted Tuesday of lying to investors about the looming crisis on Wall Street.
Private equity funds pulled in $50B during the first quarter. That's still well below what they raised in pre-crisis days
Embattled developer Kent Swig is trying to bundle some of his Manhattan properties into a real estate investment trust.
Property values have now risen by almost 15% since hitting their lows in May 2009, according to Green Street Advisors Inc., but values are still off about 30% from their late 2007 peak.
State securities regulators are gaining ground in their battle to regain authority to oversee private-placement offerings.
Financial scandals put a dent in the total number of funds last year. And there's less interest in funds of hedge funds
If the past few years have taught investors anything, the lesson is clearly: “Buyer, beware.”
The hedge fund industry's premier trade association has made regional alliances a new focus as it beefs up its lobbying effots.
With the real estate investment trust market beginning to stabilize, the time to act is now.
