Eminent domain for underwater mortgages could have biggest impact on banks
By Matthew Goldstein A controversial idea of using the power of eminent domain to seize underwater mortgages may hurt some of the nation’s biggest banks more than investors in mortgage-backed...
View ArticleThe eminent domain brush fire
By Matthew Goldstein It didn’t take long for the powerful voices on Wall Street to rise up in protest over an intriguing and controversial idea to condemn distressed mortgages through local...
View ArticleThe new Goldman way: Less cushy compensation?
By Lauren Tara LaCapra On a conference call to discuss Goldman Sachs’ new chief financial officer yesterday, an analyst asked departing CFO David Viniar why he was leaving when the stock is at a...
View ArticleThe gold rush in foreclosed homes picks up steam as mad money flows freely
By Matthew Goldstein Institutional money keeps rushing into the market for foreclosed homes, with some big players snapping up homes at breakneck speed. But the question is whether the big buyers are...
View Article“I’m from the Treasury, and I’m here to help”
Ronald Reagan famously said that the “nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.’” But according to a report from SNL, the government may...
View ArticleNJ Governor Chris Christie spotted outside Goldman Sachs
New Jersey Governor Chris Christie shakes hands with Lloyd Blankfein lookalike outside Goldman Sachs on Wednesday Editor’s note: Updated with reason for Christie’s visit. These days it seems New Jersey...
View ArticleWall Street goes to war with hackers in Quantum Dawn 2 simulation
Wall Street will have a simulated cyber war called Quantum Dawn 2 this month. Quantum Dawn 2 is coming to Wall Street. No, it’s not a video game or a bad zombie movie; it’s a simulated cyber attack...
View ArticleMoney manager titans who can’t wait until 2014
The year can’t end fast enough for some of the world’s biggest investors. Bill Gross, who many like to consider the King of Bonds, lost one of his prized titles last week when his PIMCO Total Return...
View ArticleCarl Icahn in his own words
Icahn’s Big Year in investing and activism By Jennifer Ablan and Matthew Goldstein We held an hour-long discussion with Carl Icahn on Monday as part of our Reuters Global Investment Outlook Summit,...
View ArticleSurfing the sector flows
By Joel Dimmock By Merieme Boutayeb, Research Analyst at Lipper. The views expressed are her own. PARIS, April 13 (Reuters) – A successful asset management strategy requires a thorough reading and...
View Article
More Pages to Explore .....