What Really Killed Bear Stearns? - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times

Remember a month or so ago when the WSJ had a series of articles on Bear? I thoght they were great. Well this may be better! By Bryan Burrough who helped write "Barbarians at the Gate" (one of my all time favorites).What Really Killed Bear Stearns? - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times:One look in:"According to Mr. Burrough’s account, Bear did not

A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com

Update: A few weeks ago we saw the case of The Childrens' Investment Fund (TCI) vs. CSX. If you remember the hedge fund was in the midst of a proxy battle with CSX. Here is that story.Well the vote was yesterday and while the vote was close, TCI is acting like the victor. A Hedge Fund Struggle for CSX Is Left in Limbo - NYTimes.com: "After the shareholders cast their votes, the funds, which

Dealbook - A ‘Bonfire’ Returns as Heartburn - NYTimes.com

The NY Times has a gloom and doom article on the future of Wall Street one year after Blackstone went public. It is through eyes of Tom Wolfe the author of Bonfire of the Vanities. Dealbook - A ‘Bonfire’ Returns as Heartburn - NYTimes.com: "Blackstone’s stock has gone nowhere but down since it went public, dropping nearly 50 percent from its high the day it started trading. But that’s the least

Bear Stearns managers indicted; emails could be smoking gun - MarketWatch

Obviously many have been watching the recent arrests of former Bear hedge fund managers Matthew Tannin and Ralph Cioffi. My first reaction was that they were being made scape goats so I was somewhat surprised when I saw this article that suggests there may be a case. Bear Stearns managers indicted; emails could be smoking gun - MarketWatch: "'If we believe the [collateralized-debt

Banking: Still a top priority in a fast-changing world

FT.com / In depth - Banking: Still a top priority in a fast-changing world: "Steve Kaplan, professor of entrepreneurship and finance at the University of Chicago Graduate School of Business...uses the snappy acronym CFIMITYM – cashflow is more important than your mother – and points out that the subprime market crashed and burned because investors had bought something that had “less cashflow than

Are you a stock or a bond? - The Wealthy Boomer

Interesting angle on personal finance. Are you a stock or a bond? - The Wealthy Boomer: "...Your human capital is "bond-like" in nature if you're a salaried employee with a Defined Benefit pension plan.... On the other hand, the human capital of an entrepreneur or investment banker is more like a stock.the implications for personal finances are clear. If you're a 'bond' you might want to balance

Strategies - The Perils of Investing Too Close to Home - NYTimes.com

Well we knew of home COUNTRY bias, but home STATE bias? Apparently. That is the latest from Korniotis and Kumar. Strategies - The Perils of Investing Too Close to Home - NYTimes.com: "Americans tend to put a disproportionate share of their money into shares of companies based in their own states, new research has shown, and that bias that can be exploited by sophisticated traders.These insights

Offer Says, ‘This Bud’s for InBev’ - NYTimes.com

‘This Bud’s for InBev’ - NYTimes.com: "Anheuser-Busch, which responded to InBev’s bid by saying it would review the proposal, has been exploring ways to thwart InBev’s $46.4 billion takeover offer. Busch is based in St. Louis. Anheuser-Busch, the maker of Budweiser, owns 50 percent of Grupo Modelo, the brewer of Corona, and might try to make itself too expensive to take over by purchasing the

Sirius-XM: It's about time - Jun. 16, 2008

Might the deal finally get approved? From CNN:Sirius-XM: It's about time - Jun. 16, 2008: "The two companies announced their merger nearly 16 months ago. Shareholders approved it in November. Many customers have been eagerly awaiting the chance to sign up for one package that would give it Sirius and XM programming.....And the Department of Justice gave the deal its blessing almost three months

Dealbook - CSX Grasping at Straws to End Battle - NYTimes.com

Yeah this one will definitely make it to class! Fighting a proxy vote, CSX management has turned it political. How? By making it a matter of national defense. Uh, yeah. And for good reason, you never know when the British (where the hedge funds are located) are going to launch a surprise attack to get the return of Fort Niagara.A few highlights from the NY Times:Dealbook - CSX Grasping at

ETFs dominate Canada Cup -- and a looming threat to Canada's mutual funds - The Wealthy Boomer

ETFs dominate Canada Cup -- and a looming threat to Canada's mutual funds - The Wealthy Boomer: "Seif said ETFs are popular because they're good for investors: 'They provide the ability to get exposure to the market and use them in multiple ways, whether for asset allocation or as a complement to stocks or active managers.'Near the end of the session Seif took a direct shot at traditional mutual