Sep 18 2008 | 8:34am ET
As the problems on Wall Street continue and grow, the 10th anniversary of another major collapse is just around the corner.
The demise of Long Term Capital Management shook the financial system in 1998, much as the collapses of Bear Stearns and Lehman Brothers have rattled the economy in 2008. Former Treasury Secretary Lawrence Summers had a front-row seat to the LTCM debacle, and this week shared his thoughts at a hedge fund conference in Greenwich, Conn., on how the government handled the LTCM situation then, and their intervention, or lack thereof, in current crises.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…