Janet Tavakoli

William D. Cohen: Paulson Hedge-Fund Chat Just Business as Usual

What should we make of the revelation last week -- courtesy of Richard Teitelbaum and Bloomberg Markets magazine -- that in July 2008 Treasury Secretary Henry Paulson shared some confidential musings with a group of plugged-in New York hedge-fund executives at the offices of Eton Park Capital Management LP?

How Paulson Gave Hedge Funds Advance Word of Fannie Mae Rescue

Treasury Secretary Henry Paulson stepped off the elevator into the Third Avenue offices of hedge fund Eton Park Capital Management LP in Manhattan. It was July 21, 2008, and market fears were mounting. Four months earlier, Bear Stearns Cos. had sold itself for just $10 a share to JPMorgan Chase & Co.

Corzine Lived Up to Risk-Taking Reputation at Helm of MF Global

In his 24-year career at Goldman Sachs Group Inc., Jon Corzine made a name for himself as an intrepid trader who pushed the limits of risk.

Selling More CDS on Europe Debt Raises Risk for U.S. Banks

U.S. banks increased sales of insurance against credit losses to holders of Greek, Portuguese, Irish, Spanish and Italian debt in the first half of 2011, boosting the risk of payouts in the event of defaults.

Black Swan Manager Returning 23% Anticipating Bear Market

Mark Spitznagel pushes the throttles on his new twin-engine Chris-Craft Corsair 28, slicing through Grand Traverse Bay in northern Michigan on a warm day in late July. As the speedboat reaches more than 50 miles per hour, Spitznagel’s blond hair flying in the wind, he churns up a big wake.

Scaramucci Schmoozes His Way Into Funds

Anthony Scaramucci fist bumps investors as he makes his way through a poolside party at the Bellagio Hotel in Las Vegas on a May evening.

Fink Builds BlackRock Powerhouse Without Goldman Sachs Backlash

As chairman and chief executive officer of BlackRock Inc., Larry Fink controls more money than Germany has gross domestic product.

Goldman Topples Deutsche Bank in Europe Junk Bond Underwriting

Goldman Sachs Group Inc. unseated Deutsche Bank AG as Europe’s top underwriter of high-yield bonds in the first half.

ICP, Once Among AIG's `Best' Managers, Opens New SEC Front

A U.S. lawsuit against ICP Asset Management LLC opens a new front in the government’s probe of collateralized debt obligations, focusing on managers of instruments that in some cases wiped out investors in less than a year.

Stock Selloff Adds to Pressure on Banks to Fix Foreclosure Mess

Shares of U.S. banks slid for a third day as lenders and government officials faced mounting pressure to answer claims that home lending and foreclosures have been marred by illegal shortcuts.

"In the year that Taleb called the mother of all black swans, they lost money."

- Janet Tavakoli on Oct 05, 2011

New York

Washington

Fannie Mae

Europe

European Equity Futures, Asian Stocks Advance

Syria Reported to Take Homs on Rebels’ Retreat as Russia Backs UN Stance

Toyota Beats Sales Estimates, Prius Rises

Oil Advances Above $110 on Report of Saudi Pipeline Explosion

Billionaire Chung Shows Hyundai Luxury