Friday, 31 October 2014
Last updated 14 hours ago
Jun 25 2010 | 7:05am ET
A bank owned by a consortium of alternative investments firms is losing its CEO.
Terry Laughlin is stepping down from OneWest Bank, the former failed lender IndyMac, 15 months after the hedge funds and private equity funds, including Paulson & Co., Soros Fund Management, JC Flowers & Co. and Dune Capital Management, bought it. He will join Bank of America to succeed the retiring Jack Schakett as head of the bank’s mortgage investments.
Laughlin will remain at OneWest until the end of next month.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.