House panel votes to give regulators more power, money to police big players in stock market

CIT Group files for fifth largest Bankruptcy protection in US history

By: DelilahStarling

In one of the largest bankruptcy filings in United States history, CIT Group, a lender to small and medium sized businesses announced it has filed for debt reorganization under chapter 11. On November 1, 2009, CIT Group filed for Chapter 11 bankruptcy protection.

about 1 month ago

U.S. Patriot Act is Up for Renewal

By: DeborahKayCorey

(Washington, DC) On December 3, 2009 The Cato Institute held a panel to discuss the Patriot Act which is up for renewal. The panel agreed the act would be renewed before the end of the year. Julian Sanchez Research Fellow for The Cato Institute and Gregory Nesjeim Senior Counsel for The Center for Democracy and Technology argued against the ...

1 day ago

How Family Offices, Affluent Families, Hedge Funds, & Investors Can ...

By: yuri_rutman

The term non-correlated asset classes covers a whole range of potential investments, including venture capital, real estate, private equity, and commodities, but also alternative investment strategies. But in today's economy of crashing public equity markets, defaulting hedge funds, and non-existent real estate plays, one company believes ...

about 1 month ago

Predictions Of Financial Giants Earlier This Year

By: mpalevsky

NEW YORK -- "As you might have realized by now, we're in a difficult situation," said billionaire investor and philanthropist George Soros to a sold-out crowd at the Metropolitan Museum of Art on April 30, 2009. Though Soros earned over $1 billion last year, eighteen months into a housing crisis and after over a year of decreasing GDP it's ...

about 1 month ago