We hear there was a time back in the day when the marijuana scene was an exciting and mystical era of illicit fun. We’ve heard the stories of copping from a friend of a friend after furtive phone calls that ensued from clandestine introductions, peppered with obfuscatory euphemisms intended, ironically, to clarify the desired transaction and terms.
Lone Star Funds, the private-equity firm founded by billionaire John Grayken, submitted winning bids for $3.9 billion of soured home loans sold this month by the Department of Housing and Urban Development.
Mary Jo White’s announcement yesterday that high-frequency trading, dark pools and the industry around the avant-garde in market structure are now officially under review brought us some sports analogies.
Sky Deutschland AG , the German pay- TV operator controlled by Rupert Murdoch’s News Corp., is making its programs available on mobile phones and laptop computers in a bid to add subscribers in Europe’s biggest TV market.
Sky Deutschland AG, the pay- television operator 45.4 percent-owned by Rupert Murdoch ’s News Corp., should be able to reach break-even with the new capital it plans to raise, Chief Executive Officer Brian Sullivan said.