Unstructured Finance

Most overvalued asset in the rich world is?

By Jennifer Ablan
October 25, 2012

The following is a contribution from our chief Federal Reserve reporter, who is out in the field  at The Economist magazine’s annual economics conference:

UF Weekend Reads

September 7, 2012

Two weeks of speechifying by the Dems and Reps has come to an end. Well not really–but the conventions are over. And for all the talk, there is one issue that got short-shrift–a solution to the nation’s still unfolding housing crisis.

Daniel Loeb goes long Chesapeake bonds; leaves activism to others

July 25, 2012

Daniel Loeb, who runs $8.7 billion at his hedge fund Third Point, has been an opportunistic buyer in the bonds of Chesapeake Energy, the embattled natural gas producer, according to sources familiar with the matter.

Eminent Domain reader

July 15, 2012

Jenn Ablan and I have done a lot reporting on Mortgage Resolution Partners’ plan to get county governments and cities to use eminent domain to seize and restructure underwater mortgages. As we’ve reported, it’s an intriguing solution to the seemingly intractable problem of too much mortgage debt holding back the U.S. economy. But it’s also a controversial one that threatens to rewrite basic contractual rights and the whole notion of how we view mortgages in this country.

UF Weekend Reads

April 21, 2012

Nice weather today in NYC. Enjoy it today before Sunday’s deluge. Here’s Sam Forgione’s picks. You can now follow Sam on twitter @samuelforgione

Einhorn’s Field of Dreams

May 26, 2011

By Matthew Goldstein

David Einhorn’s decision to plunk $200 million on the cash-strapped NY Mets could be a bullish development for investors holding the bonds to finance the baseball team’s new stadium.

Cheyne hedge fund spots RBS opportunity

September 21, 2010

M&A is on the up again and hedge funds are getting ready – last week we revealed Cheyne Capital had raised over $100 mln for an event-driven fund.

Check Out Line: More good news about rebounding consumers

March 12, 2010

SHOPPERS2Check out the latest encouraging news about U.S. shoppers dusting themselves off and shelling out their hard earned cash again.

DealZone Daily

November 27, 2009

Auto maker General Motors is grappling with the future of its European units Saab and Opel after one sale collapsed and the other was pulled, targeting the bulk of its 9,000 job cuts at Opel’s German factories.

Reliance aims big with $12 bln bid for LyondellBasell

November 24, 2009

Ranked by Forbes as India’s richest man with a net worth of $32 billion, Mukesh Ambani is no stranger to taking risks.