It wasn't too long ago, that all of Wall Street was angling to get involved with life settlements--the business of selling unwanted life insurance policies to speculators. Deutsche Bank was...
In a bankruptcy dispute that may be best settled in divorce court, the biggest creditor claim to date in the Lehman Brothers bankruptcy case comes from a corporate cousin of...
Huge bonuses. Corporate jets. Corporate retreats. Office upgrades. These are all some of the excesses that Wall Street executives have shown an unwillingness to give up, even as their firms...
With the Obama administration busy working on a new plan for bailing out the nation’s crumbling banking system, one can only wonder whether government policy makers missed an opportunity nearly...
Welcome to our new BusinessWeek blog--Unstructured Finance. Yeah. Yeah. I know what you’re thinking: “Who needs another blog; let alone one about something as discredited as finance.’’ But finance isn’t...
BusinessWeek's Adrienne Carter, Jessica Silver-Greenberg, and David Henry deconstruct the mysteries of high finance, Wall Street, and hedge funds for pros and ordinary investors. E-mail them directly if you've got tips about big deals, a hedge fund, or even securities industry gossip.