Private Equity
Read about how private equity investments offer investors the ability to invest in long-term profitable assets, known often as PE investments.
AARP Sues Wells Fargo, Fannie Mae Over Reverse Mortgage Foreclosures
By William H. Byrnes, Robert BloinkAARP is challenging reverse mortgage foreclosures, claiming that lenders failed to offer borrowers the option to purchase the property for its fair market value.
August 10, 2011
ERISA Panel Schedules MeetingsThe Advisory Council on Employee Welfare and Pension Benefit Plans plans to start 3 days of meetings in Washington Aug. 30.
July 26, 2011
MSSB Taps Former-Merrill Exec for Regional PostMorgan Stanley Smith Barney named Devon Baranski, formerly of the Merrill Lynch Private Banking and Investment Group (PBIG), as the new head of its ultra-high-net-worth…
July 18, 2011
Germany’s Merkel Calls for Greek Debt Buy-Back, SwapAs pressure mounted to come up with a solution to the Greek debt crisis, German Chancellor Angela Merkel called for private investors to kick in. Strategies being discussed include several options, such as a repurchase of bonds or a swap in which they are exchanged for cuts in face value.
June 23, 2011
House Panel Amends Bills on Private Equity Fund Advisors, Regs A, BChanges to Regs A and B could ‘seriously jeopardize’ investor protections, NASAA’s David Massey says.
June 19, 2011
PIMCO's El Erian: EU Fumbling Greek Debt CrisisMohammed El-Erian, head of PIMCO, the largest bond fund in the world, said in a Sunday interview that the European Union (EU) must change its approach to the Greek debt crisis or risk spending billions for nothing.
June 17, 2011
Deal on Greek Debt Bailout, as Germany Relents to French DemandsGerman Chancellor Angela Merkel and French President Nicolas Sarkozy came to agreement on a second bailout for debt-troubled Greece with Germany backing down on its stance that private investors must be compelled to share losses.
June 16, 2011
European Bailout Fund Must Double: WellinkAn ECB official says the bailout fund created by the European Union and the International Monetary Fund must double, to 1.5 trillion euros ($2.15 trillion), if p the private sector is to take part in a second Greek bailout package.