Worries Peak on Puerto Rico Utilities Debt After New Bankruptcy Law
After debt-restructuring bill’s passage, bondholders watch to see if the commonwealth's electric utility will make Tuesday payment; two fund companies sue to declare law unconstitutional.
Shares for mortgage, life insurers up
Good news from mortgage and life insurers - optimism about extending the home-buyer tax credit and robust third-quarter earnings from several firms led to a...
MBIA Reports Losses
The holding company for MBIA Insurance Corporation, MBIA Inc, reported, on January 31, net losses of $1.9 billion for 2007, and $2.3 billion for the quarter. The giant bond insurer's losses included a write down of $3.5 billion across all business operations, $3.1 billion of that in the fourth quarter...
Lanny Thorndike and Kevin Callahan of Century Shares Trust
S&P Rank: 4 Stars Stable Value With a Growth Tint
Gotham Begins Shutting Down Hedge Funds
NEW YORK (HedgeWorld.com)--Gotham Investment Management Co. LLC began winding down its hedge funds. Once known as a feisty hedge fund manager willing to publish long, critical...
MBIA Targeted by Hedge Fund Manager Gotham
NEW YORK (HedgeWorld.com)--Hedge fund manager Gotham Partners Management Co. LLC issued a research report on its web site arguing that MBIA Inc., doesn't deserve its...