The new kings of Wall Street

Courtesy Marketplace  Wed, 04/16/2008 - 15:15

A new survey of hedge-fund managers shows the top five made more than $1 billion a year each -- even as the housing and credit markets fell down the rabbit hole. Jill Barshay reports.

Sponsors

 

Related items

Bear Stearns execs arrested for fraud
Two Bear Stearns hedge fund managers have been charged with fraud for allegedly lying to investors about problems within the bank prior to its...

Clear Channel deal may be fading out
The biggest radio company in the nation was supposed to have been bought out by a couple of private equity firms this month for $20 billion. But...

Fed hopes auction will get things moving
The Fed has pumped another $75 billion into the frozen credit markets with the first auction of loans to investment banks that it promised as part of...

Survey: Investors especially risk averse
A new survey says that professional money managers are the most risk averse they've been since the terrorist attacks of Sept. 11. Jill Barshay...

Economic Slowdown Likely to Put a Damper on Giving, Survey Finds
A new survey from the Grizzard Communications Group found that 44 percent of respondents look to give as much over the last four months of the year...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com