B+
RIEF/B Underperforms S&P By 18.7% In April
Submitted by Tyler Durden on 05/01/2009 00:05 -0500Also the quant fund has underperformed the S&P by 14.3% YTD. Oddly Medallion manages to dodge the land mines.
D.B. Zwirn: RIP
Submitted by Tyler Durden on 04/29/2009 11:56 -0500Bloomberg reports that the former bastion of massively mismarked distressed loans and crazy CDS trades, DB Zwirn is to be taken over by Fortress Management. And by taken over we mean liquidated.
Phrase Of The Day: Last Nail In The Coffin Of ... a) US Autos; b) Ken Lewis
Submitted by Tyler Durden on 04/23/2009 17:16 -0500S&P is out with a report which basically says car scrappage will be the new black... At least for autos. From a report just released, S&P sees a 13.6 million SAAR... in 2011!
Global Downturn In Auto And Truck Industries To Continue Through 2009, Reports Say
Berkshire Class B Set To Open Much Lower
Submitted by Tyler Durden on 03/02/2009 14:22 -0500BRK/B Indicated $2,200-$2,400 as market is about to open after closing at $2,564
Ukraine Debt Rating Cut To B from B+ By Fitch
Submitted by Tyler Durden on 02/12/2009 17:38 -0500Fitch Ratings-London-12 February 2009: Fitch Ratings has today downgraded Ukraine's Long-term foreign and local currency Issuer Default Ratings to 'B' from 'B+'. This reflects increased risk of a banking and currency crisis in Ukraine, due to intensified stress on the financial system and greater risks to successful implementation of Ukraine's IMF-supported programme. The Outlooks on both IDRs are Negative. The agency has also downgraded the Country Ceiling to 'B' from 'B+'. The Short-term foreign currency IDR is affirmed at 'B'.
