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Repsol Acknowledges Offers for YPF, None CertainRepsol YPF, the Spanish oil company, told the S.E.C. that it had received a number of proposals for its Argentine assets, though none of them firm offers, after reports of a bid from CNPC of China. ... |
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Merkin Claims Investors Knew About MadoffThe New York financier J. Ezra Merkin, whose investors lost more than $2 billion in the collapse of Bernard L. Madoff's enormous Ponzi scheme, is asserting that his clients knew that their money was being invested with Mr. Madoff. ... |
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F.D.I.C. Rules May Hinder Private Equity Bank DealsThe Federal Deposit Insurance Corporation issued preliminary guidelines on Thursday that analysts said could stymie further plans by private equity firms and hedge funds to purchase failed banks. ... |
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Study Looks Overseas for the Rising Power of MoneyIn the wake of the financial crisis, petrodollar investors, Asian sovereign wealth funds, hedge funds and private equity firms will continue to have major influence on the world economy, but with a various degrees of intensity, a study by the McKinsey Global Institute found. ... |
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Murdoch Says He's Committed to MySpaceNews Corporation's chairman, Rupert Murdoch, said in an interview with TheStreet.com that he remains committed to MySpace, the social networking site he bought in 2005, and isn't interested in buying The New York Times Company. ... |
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Johnson & Johnson to Take Stake in ElanElan's shares soared Thursday after Johnson & Johnson said it would pay $1 billion to the Irish drug maker to gain access to Alzheimer's disease treatments. ... |
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