Archive - Apr 24, 2009
Will Late Sunday Be D-Night for Vikram?
Submitted by Tyler Durden on 04/24/2009 14:02 -0500The NY Post is speculating that Vikram's days at the helm of Citi may be at an end.
CalPERS Sold Out Of Over 13% Of Top Positions In Q1, Weekly Mutual Fund Outflows
Submitted by Tyler Durden on 04/24/2009 13:39 -0500As everyone is claiming that that "big" funds are rushing to throw their money into the market, it is useful to see what the largest U.S. public pension fund manager did in Q1. The result: in its top 20 positions, CalPERS sold out on average 13.85% of its holdings. Guess one would have to look elsewhere to find the source of all the "institutional" buying.
Follow Up On GGP's Substantive Consolidation
Submitted by Tyler Durden on 04/24/2009 12:11 -0500I previously disclosed GGP's extensive intertwined nature within the CMBS universe and considered some of the adverse CMBS implications as a result of bankruptcy remote SPEs being thrown into chapter 11 by GGP LP.
Follow Up On GGP's Substantive Consolidation
Submitted by Tyler Durden on 04/24/2009 12:11 -0500I previously disclosed GGP's extensive intertwined nature within the CMBS universe and considered some of the adverse CMBS implications as a result of bankruptcy remote SPEs being thrown into chapter 11 by GGP LP.
