Hedge Fund News: George Soros, Carl Icahn, Telus
Reserve Bank risks a ‘Soros attack’ (TheAustralian) THE Reserve Bank of Australia risks provoking market speculators to raise their bets that......(read more)
Posts Tagged ‘UBS AG (UBSN)’
Hedge Fund News: George Soros, Seth Klarman, Crispin Odey
Barack Obama Super PAC Raises $13 Million From Silicon Valley, Unions, George Soros (HuffingtonPost) Silicon Valley has supported President Barack Obama......(read more)
Hedge Fund News: Marc Faber, David Abrams, Ray Dalio
Marc Faber: If I Were Bernanke, I Would Resign (CNBC) Central bankers are “counterfeit money printers” and Federal Reserve Chairman Ben Bernanke should......(read more)
Hedge Fund News: Steven Mandel, Sam Israel, John Paulson
Mandel’s Lone Pine Buys Over $400M of Verisign Inc. (ValueWalk) According to a 13G just filled with the Securities and Exchange Commission (SEC), Steven......(read more)
Hedge Fund News: Chase Coleman, Dan Loeb, Bill Ackman
Apple at the root of Tiger profits (NYPost) New York star hedgie Chase Coleman is on his way to a standout year — but a good chunk of his returns are......(read more)
Moody’s Downgrades 15 Major Banks
What other Credit Rating Agencies have been doing one step at a time, Moody’s did that and much more in a single stroke. After markets all over the......(read more)
Hedge Fund Profit on Defaults, UBS Denies Report, Hedge Fund M&A
Hedge Funds Profit on Defaults (TheAustralian) WHILE I was at work on a book about the 2008 financial disaster I became interested in a tiny handful of......(read more)
Top of the Morning – Soros Buying Farmland, Merkin Ordered to Pay $7M, Kodak Seeks Hedge Fund Financing, Brian Coats Pleads Guilty, UBS May Do Away With Hedge Fund, Affiliated Managers’ Profit Up 18%, Nephalia Capital ‘Peak Risks’ Opportunities
George Soros is Reportedly Buying Farmland (MoneyMorning) Stuart Varney, host of the aptly named and very highly rated “Varney & Co.”......(read more)
Kweku Adoboli Charges Modified to Include Falsification As Case Turns Criminal
Bloomberg reports that the charges against Kweku Adoboli, the ex-UBS AG (USBN) trader accused of costing the company over $2.3 billion from unauthorized......(read more)
Top of the Morning – Yahoo May Not Be for Sale, Groupon Seeks Lower IPO, Olympus Shareholders Demand Answers, Nestle Up, Citi Settles, Strikes at Freeport – McMoRan,UBS Chief Sergio P. Ermotti Pushes for Cuts
Yahoo! Not Necessarily for Sale Says Yang (Bloomberg) Yahoo! Inc., the U.S. Web portal exploring strategic options after firing Chief Executive Officer......(read more)
Top of the Morning – UBS Downgraded, Zynga $ZNGA IPO, Bausch & Lomb Possible IPO, EQT Raises Billions, HULU Calls Off Sale, Ubiquiti Prices IPO, Mattel Up, US Rejects IMF Plan
Fitch Downgrades UBS (WSJ) Fitch Ratings fired a warning shot at European and U.S. banks late Thursday, downgrading Swiss giant UBS AG and foreshadowing......(read more)
Sergio Ermotti – UBS Successor – May Cut Investment
Sergio Ermotti, the heir apparent for UBS’s leadership, will likely be tasked with slashing the investment aspect of the company in order to refocus......(read more)
Top of the Morning: Unauthorized Trading, Groupon’s IPO, Goldman’s Computer-Trading Head, Europe Lending, Home-Equity Loans
Kweku Adoboli – UBS’s Latest Rogue Trader – Had the Balls To Lose $2 Billion (Allegedly) (Insider Monkey) Kweku Adoboli , a 31 year old trader,......(read more)
