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Neuberger Berman to buy Lehman Holdings

West Palm Beach (HedgeCo.net) –  Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a...

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Asia’s bull run ends in 2008 with record falls

Miami Herald – Nearly two-thirds said they had lost 70 percent of their investments or more, according to the survey by the Shanghai Securities News, a newspaper affiliated with the stock exchange....

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Miami CEO Dishes Out $60 Million to Thank Employees

New York (HedgeCo.Net) – While some top banking execs choose to blow millions on lavish area rugs or fancy, non functional commodes, Leonard Abess Jr. of Miami-based City National Bank had a better...

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Former hedge fund manager remains held

Miami Herald – A former hedge fund manager accused of swindling investors of nearly $200 million will remain held in federal custody. An attorney for Won Sok Lee sought a continuance for his...

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Bill omits Guantánamo closure funds

Miami Herald – The Obama administration’s bid for $50 million to move prisoners from the Guantánamo Bay detention facility was left out of the Democratic-authored emergency war spending bill unveiled...

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Neuberger Berman to buy Lehman Holdings

West Palm Beach (HedgeCo.net) –  Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a...

View Article

Asia’s bull run ends in 2008 with record falls

Miami Herald – Nearly two-thirds said they had lost 70 percent of their investments or more, according to the survey by the Shanghai Securities News, a newspaper affiliated with the stock exchange....

View Article

Miami CEO Dishes Out $60 Million to Thank Employees

New York (HedgeCo.Net) – While some top banking execs choose to blow millions on lavish area rugs or fancy, non functional commodes, Leonard Abess Jr. of Miami-based City National Bank had a better...

View Article


Former hedge fund manager remains held

Miami Herald – A former hedge fund manager accused of swindling investors of nearly $200 million will remain held in federal custody. An attorney for Won Sok Lee sought a continuance for his...

View Article


Bill omits Guantánamo closure funds

Miami Herald – The Obama administration’s bid for $50 million to move prisoners from the Guantánamo Bay detention facility was left out of the Democratic-authored emergency war spending bill unveiled...

View Article
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