Since the financial crisis of 2008, a big power transition has occurred in the alternatives industry.
Limited partners gained much more clout, which has allowed them to wrangle some concessions that would have been all but unthinkable before the crisis. Redemptions are easier, that's for certain. Towers Watson has been at the fore of the [...]
Shares fall on both sides of the Atlantic as the continuing political uncertainty in Greece undermines investor confidence.
BBC News – Business
Stocks finished lower Friday, ending a down week for the major indexes, as weakness in the banking sector weighed on the market.
Latest stock market news from Wall Street – CNNMoney.com
The housing implosion wasn't a complete surprise to everyone. A few brave hedge fund managers not only predicted the collapse but bet massively on it–and ended up billionaires or at least half-billionaires.
John Paulson is perhaps the best example, but Kyle Bass is not all that far behind. His work to ferret out the CDOs [...]
Zoe Cruz was once consider the "Most Powerful Woman on Wall Street," a mythic title that is a curse as much as anything.
Look at the many others who have held the title, the likes of Sally Krawcheck, Erin Callan, Barbara Desoer, and others. They have not fared well. But there is always life after [...]

