Monday 13 October 2008

Anglo-Saxon hedge funds shorting on Madrid falls - Telegraph.co.uk



Telegraph.co.uk, United Kingdom - 23 hours ago
By Ambrose Evans-Pritchard EU data shows that Philip Falcone, the US hedge fund baron who led the assault on HBOS, has sold short €138m (£108m) of Banco ...
Hedge fund bets €208m against Santander ifaonline.co.uk
all 5 news articles

Source: news.google.com

Bailout Bill Tax Provisions (Mondaq)
Over several frantic days leading up to a failed congressional vote on September 29, 2008, the Bush Administration and congressional leaders negotiated and agreed on a bill aimed at preventing a potential economic meltdown.
Source: www.mondaq.com

Songbird Estates' property value down 9.6% (ShareCast via Yahoo! UK & Ireland Finance)
Canary Wharf property owner SongBird Estates saw the value of its portfolio drop by 9.6% but said it will weather the current turbulent times and benefit from the eventual market upturn.
Source: uk.biz.yahoo.com

(AFX UK Focus) 2008-10-02 09:39 OJSC LSR H1 pretax drops on $159 mln non-cash hit from portfolio revaluation (Interactive Investor)
LONDON (Thomson Financial) - Russian construction company OJSC LSR Group posted a sharp reduction in first-half pretax profits but cited a $159 million non-cash hit from investment property revaluations recognised on its income statement.
Source: www.iii.co.uk

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