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The flash crash
A few months ago the US share market plunged l000 points in a few minutes, and trillions were traded both up and down. What caused it, and can it happen again. Tiny high frequency computer algorithms - or algos - roam the markets, buying and selling in a parallel universe more or less uncontrolled by anyone. Did they go feral, or was it the fat finger of a coked out trader? In September US ...
Read more...Leon Black’s escape
In a private dining room at the Beverly Hills restaurant Spago, four dozen financiers gathered in April for a dinner put on by one of their own: Leon Black, head of private equity giant Apollo Global Management LLC. As the group dined on Hong Kong-style loup de mer and filet mignon prepared with an Armagnac-peppercorn emulsion, Michael Milken, who worked with Black at junk-bond firm Drexel ...
Read more...Lease Up (Aug. 15-21): Caterpillar, Great Dane, Amazon Expand
CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease...
Read more...Chuck Royce Buys Berkshire Hathaway Inc., Lattice Semiconductor, Worthington Industries Inc. ...
Small cap Guru Chuck Royce just released his second quarter portfolio. These are the details of buys and sells. Read more » »
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