Entries tagged "Massachusetts"

Santander eyes U.S. shores for growth

Banco Santander is looking to make acquisitions in New York, Pennsylvania and Massachusetts.

Will state jump into Icahn's Biogen Idec saga?

With Biogen Idec confirming the appointment of Carl Icahn's nominee Alexander Denner as a director, will the state of Massachusetts' biotech fund try to engage the investor to save jobs?

Kennedy, Kerry appeal to Sulzberger over Globe

The two senators from Massachusetts sent New York Times chairman Arthur Sulzberger Jr. a letter pleading with him to keep The Boston Globe alive.

Three fraudsters: One arrested, one on the lam, one under the weather

Alleged financial schemers Marcus Schrenker, the financial adviser accused of defrauding investors through three of his companies, and Robert Jaffe, a Bernard Madoff associate, have both been found, but  Raoul Weil, a former UBS employee accused of facilitating tax evasion, remains on the lam. ...

Massachusetts accuses Reserve of fraud

Another day, another accusation of fraud. The latest case involves money market pioneer Reserve Management Co., which Massachusetts' top securities regulator has charged with making false statements concerning its Primary Fund that melted down after infamously "breaking the buck" late last year....

Madoff associate ignores subpoena

Robert Jaffe, the associate and so-called "point man" for alleged Ponzi schemer Bernard Madoff, failed to show up to testify Tuesday morning before Massachusetts regulators....

Mass. pension fund continues to bet on private equity

Private equity firms may be going through a rough patch, but the credit crunch, portfolio company bankruptcies and other problems haven't dampened the appetite of the huge pension funds that comprise the industry's limited partner investor base. In fact, many are seeing the downturn as an opportunity to put even more capital into buyout funds....

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