Citadel’s E*Trade Bonanza

August 14, 2009

Citadel Investment Group’s move to aggressively sell off its substantial stake in E*Trade Financial looks like hedge fund magnate Ken Griffin is throwing in the towel on his big gamble on the online broker.

Porsche’s VW options not for the faint-hearted

July 7, 2009

porsche2Porsche may own a lot of options on Volkswagen – around 20 percent of the larger carmaker’s shares – but the sports car maker is running out of alternatives to solve the financing problems it built up by acquiring a 51 percent stake in VW.