Investment Officers
Executive Changes Announced at GR-NEAM
On Tuesday, Gen Re announced several planned organizational changes at GR–NEAM prompted by Gerard (Jerry) Lynch's announcement that he will be retiring Dec. 31, 2014. Effective immediately: ...
Buffett May Up Berkshire’s Bets on Solar, Wind Power to $30B
Warren Buffett briefly lost track of how many billions of dollars his Berkshire Hathaway Inc. is spending to build wind and solar power in the U.S. That didn't stop him from vowing to double the ...
How Cat Bond Investors Think About Yield
Will catastrophe bonds still be interesting to investors when overall yields on investments go higher? John Seo, the co-founder and managing principal of Fermat Capital Management LLC, provided the ...AIG Warrants Leap To Record, Benefiting Fairholme Capital Management
American International Group Inc. warrants jumped to a record, benefiting investors like Bruce Berkowitz's Fairholme Capital Management LLC, which held the securities for years. The contracts ...
FINRA Probing Abusive Trades Based on Mathematical Algorithms
Wall Street's self-regulator is cracking down on abusive trades made on the basis of mathematical algorithms and currently has some 170 ongoing investigations into the subject, its chief said on ...
Global Warming to Pressure Sovereign Creditworthiness, S&P Says
Global warming will harm sovereign creditworthiness around the world this century, with poorer nations the worst hit, Standard & Poor's Ratings Services said. Climate change is one of two "global ...
Convicted SocGen Trader Arrested in France; Insists Bosses Knew of Activity
Convicted rogue trader Jerome Kerviel was arrested in southern France late on Sunday to serve a three-year jail sentence in a high-profile case he has depicted as one individual's struggle against ...
Berkshire Hathaway Takes A Chance On Verizon
Berkshire Hathaway Inc. disclosed a stake in Verizon Communications Inc. as Warren Buffett's backup stock pickers build their portfolios. Verizon gained in extended trading in New York. Berkshire ...