Tagged: bloomberg

What Bloomberg’s Snooping Scandal Says About Wall Street’s Culture

What Bloomberg’s Snooping Scandal Says About Wall Street’s Culture

On Wall Street, it’s all about finding an edge — no matter how small or seemingly insignificant. Whether it’s a snippet of chatter in a restaurant, a stray comment on the squash court, or...

For Press-Shy Cerberus, Gun Industry Investment Brings Unwanted Attention

For Press-Shy Cerberus, Gun Industry Investment Brings Unwanted Attention

  Stephen Feinberg, co-founder of $20 billion private equity firm Cerberus Capital Management, likes to be invisible and hide religiously. “If anyone at Cerberus has his picture in the paper and a picture of...

Chinese Investment Group To Buy AIG’s Aircraft Leasing Unit For $4.3 Billion

Chinese Investment Group To Buy AIG’s Aircraft Leasing Unit For $4.3 Billion

Chinese direct investments in North America are on a roll. On Friday, Canada approved a $15 billion oil-company sale to state-owned CNOOC, the biggest single overseas acquisition by a Chinese firm. Now it’s AIG,...