Unstructured Finance

Deals wrap: VCs think IPO activity low

June 22, 2011

More than 80 percent of venture capitalists believe the initial public offering market is at very weak levels and it is curbing profits, according to a new survey.

The afternoon deal: Hard rock, hard time

March 18, 2010

Screen shot of Warren Buffett in a Geico commercial from youtube.com.Hot news items today include the Teva deal, MGM Mirage’s move out of Atlantic City and a possible Siemens spin off. But the limelight shines elsewhere, on a hard rocking Buffet and inmate number No. 61727-054.

Grisham says real-life swindlers outdo his fiction

September 11, 2009

(Reporting by Ned Barnett in Chapel Hill, N.C.)

Author John Grisham, master of the legal thriller, says the real-life fraud scandals involving Bernard Madoff and Allen Stanford trump even the gripping fiction of his novels.

The SEC’s missed chances to catch Madoff

September 2, 2009

U.S. securities regulators missed repeated chances to uncover Bernard Madoff’s Ponzi scheme, a sharply critical review by a federal watchdog said on Wednesday.

Live coverage of Bernie Madoff sentencing

June 29, 2009

Welcome to our live coverage of the Bernie Madoff sentencing. Reuters journalists are outside and inside the Manhattan court where the admitted thief will hear his punishment for running Wall Street’s biggest and most brazen investment scheme. Reuters.com’s intern, Franz Strasser, is sending us updates from the scene that you can follow in the live headline box below.

Madoff’s last scam

June 17, 2009

The SEC’s decision to let Ponzi schemer Bernard Madoff off with a “no admission of wrongdoing” settlement could be defended on a number of levels, but none will be very satisfying on a day when the Obama administration is set to give the much-maligned regulatory body sweeping new powers to oversee U.S. securities markets.

GAIM 2009: Paranoid? You should be…

June 16, 2009


Funds face new levels of scrutinyIt doesn’t take a genius to work out that the hedge fund industry has changed markedly over the past year — a quick glance at delegate numbers here in Monaco shows that.

Madoff Junkies

May 7, 2009

Bernard MadoffOne of the more striking aspects about the Madoff affair is the large number of people who appear to have been ‘hooked’ on Madoff products.