July 30, 2010
Lehman Fights an Investor Trying to Drive Down Its Stock
For eight months, David Einhorn, a hedge fund manager, has pilloried the venerable Lehman Brothers in an effort to drive down the bank?s stock price, which he is betting against.
Helmut Kiener of German hedge fund K1 arrested
Helmut Kiener the founder of German hedge fund K1 in which Barclays and other banks are said to have lost 400m has been arrested as part of a fraud investigation.
Nashville's CCA pays off for hedge fund manager
Five years ago, hedge fund manager Cris Blackman started buying shares in Corrections Corporation of America as low as $5.29 apiece, believing that a turnaround was afoot at the Nashville-based private prisons operator.
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