Citigroup in talks to sell buy-out division (at FT.com)
Citigroup is in talks to sell its private equity, real estate and hedge fund investment arms, which together manage about $20bn of assets, as the bank presses ahead with plans to sell $900bn of non-core assets to repay debt. us.rd.yahoo.com |
The Shuman Law Firm Announces the Filing of a Class Action Lawsuit Against Kohlberg Capital Corporation (Business Wire)
BOULDER, Colo.----The Shuman Law Firm today announced that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of a class consisting of all persons or entities who purchased the securities of Kohlberg Capital Corporation between March 16, 2009 and December 24, 2009, inclusive . us.rd.yahoo.com |
Financial Stocks: Financials droop on Fed wording (at MarketWatch)
U.S. financial stocks slid Wednesday after the Federal Reserve said it now views the economy as "proceeding" instead of "strengthening." us.rd.yahoo.com |
Where Credit Is, and Isn't, Due (at Barron's Online)
Lending to hedge funds is easier. For small business, it's another story. us.rd.yahoo.com |
Regulators close banks in Fla., Ga., Ore., Wash. (AP)
Regulators on Friday shut banks in Florida, Georgia, Oregon and Washington, lifting to 108 the number of U.S. banks to fail this year as the industry has struggled to cope with mounting loan defaults and recession. us.rd.yahoo.com |