Senate investigators say the Amaranth hedge fund left consumers and the entire natural gas industry paying higher prices. And it was completely legal. Jeremy Hobson reprorts.
The hedge fund lost $6 billion in a single week for placing losing bets on the natural gas market. A study might call for more regulation, but some are warning that investors will look elsewhere. Jeremy Hobson reports.
Other suitors have dropped out and Rupert Murdoch is mulling a $5-billion bid for the company that owns the Wall Street Journal. But the family owned newspaper is pushing for two board seats. Dan Sabbagh has the details.
In today's low-inflation, rising interest-rate environment, cash investments like CDs and money markets are looking more attractive. Steve Tripoli reports on the quieter side of investing.
This week, Chris Farrell answers listener questions about choosing a closed end fund, investing as a teenager and taking care of a child with a disability.
Kim Clark, personal finance columnist for U.S. News and World Report, discusses with host Tess Vigeland what happened on Wall Street this week and what may lie ahead.
With The Blackstone Group going public today, Kohlberg Kravis Roberts may be next. But Congress is looking into how private-equity earnings are taxed. So how can anyone know what the companies will be worth? Steve Tripoli reports.
An 8-1 Supreme Court ruling will make it more difficult for investors to bring class action lawsuits that allege they've been ripped off by companies committing securities fraud. Steve Henn reports.
Hedge funds have drawn fire recently for their methods in buying companies and selling off the pieces. But one London-based fund has largely escaped criticism, depite its fearsome reputation. Stephen Beard reports.
President Bush has stated that the job of recovering shareholders' money from banks involved in the Enron scandal should be left to SEC attorneys. But commentator Jamie Court contends the best path to justice is through the private sector.