Bill Ackman Scales Back Multibillion-Dollar Fund I.P.O.
An investment fund from William Ackman aims to raise around $2 billion, according to a regulatory filing, a fraction of what was originally envisioned.
Posted inBanking and Financial Institutions Campaign Finance Cantor, Eric Conservatism (US Politics) Goldman Sachs Group Inc Griffin, Kenneth C Hedge Funds High Net Worth Individuals Musk, Elon Presidential Election of 2024 Republican Party Trump, Donald J United States Politics and Government Vance, J D Vice Presidents and Vice Presidency (US)
Wall Street Republicans Worry About Vance as Trump’s Running Mate
The financial world’s heavy hitters fear being marginalized in Washington after former President Trump chose a running mate openly hostile to Wall Street.
Posted inBanking and Financial Institutions Decisions and Verdicts Hedge Funds Hwang, Bill Securities and Commodities Violations
Multibillion-Dollar Fraud Trial Against Archegos Founder Nears Its End
Prosecutors and lawyers presented closing arguments in the case against Bill Hwang, who is charged with 11 counts including securities fraud and racketeering.
Posted inArtificial Intelligence Computers and the Internet Derivatives (Financial Instruments) Hedge Funds Mutual Funds Standard & Poor's 500-Stock Index Stocks and Bonds
S&P and Stocks So Far This Year: Turbulence Behind Gains
The S&P 500 has climbed sharply this year, with few big swings. Below the surface, though, there’s a great deal of turmoil