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TCI bets big on falls in Japan
The Children's Investment Fund is betting heavily on falling share prices in Japan by taking short positions in big companies there
FT

D Börse struggle ends as TCI bows out
UK-based hedge fund The Children's Investment Fund followed Atticus Capital, its erstwhile partner, in cutting its holding in the German exchange group
FT

5 banks repay $353M in bailout funds (AP)
Five banks have repaid millions of dollars they received from the government's $700 billion financial bailout pot, the Obama administration said Thursday.
yahoo.com

Analysis: But will it work?
WASHINGTON — Will it all work? World leaders achieved the minimum at their London summit, cobbling together more resources for the International Monetary Fund and pledging to better regulate unruly financial markets. But no country would budge from its bottom line, so the biggest goals were not met...
AJC

UBS crackdown ... Boeing rises ... Treveria €283.6m loss
Economics G20: World leaders at the G20 summit in London pledged to pump $1 trillion into the International Monetary Fund. They also ordered a crackdown on tax havens and excessive corporate pay a...
Big News Network

Staccato Gold-Options Granted
VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2009) - Staccato Gold Resources Ltd. (TSX VENTURE:CAT) announces that it has granted stock options to buy 1,080,000 shares at an exercise price of $0.10 to the directors of the Company. The options have a five year term, and are subject to the regulatory policies of the TSX Venture Exchange. On behalf of the Board of Directors STACCATO GOLD RESOURCES LTD. Grant Ewing, President & CEO, Director About Staccato Gold Resources Ltd.: Staccato Gold is a well funded junior gold exploration company with resources and advanced stage exploration assets located exclusively in Nevada. The Company has assembled a portfolio of prospective gold prospects in the dominant gold trends in Nevada.
Mining.com

TCI Lowers Deutsche Börse Stake
The Children's Investment Fund has reduced its voting rights in Deutsche Börse to less than 1%, effectively ending a several-year run of shareholder activism.
Wall Street Journal

Hedgies seem to have won a stay of execution
Outlook Hedge funds are their own worst enemy. The secrecy with which they shroud their affairs invites public suspicion and condemnation. Even more so than investment bankers, hedge funds seem to man...
Big News Network

Florida Senate Postpones Vote on Catastrohe Funding Bill
A Senate committee searching for ways to improve Florida's shaky property insurance situation and lower the state's risk recommended borrowing money from the state retirement system to obtain some ...
Insurancejournal.com

Sacramento applies for $112M in Prop. 1C funding
Sacramento, in conjunction with other agencies and developers, on Thursday submitted applications totaling more than $112 million from California's Proposition 1C programs for infill and transit-oriented development housing programs.
Biz Journal

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Archived "business - hedge fund" news stories.

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