Paul Singer’s Elliot Capital Management seized a training ship owned by the Argentinean navy after the hedge fund won a court decision ruling that the South American nation still owes on a 2001 bond offering.
The European Stability Mechanism may guarantee the first 20 to 30 percent of potential losses on new Spanish debt, according to Reuters. The plan would be aimed at saving Spain without depleting Europe’s rescue funds.Wall Street has been pricing in a Democratic victory, according to LPL Financial (via Washington Post). Interesting to see if/how that changes after the presidential debate last night.
Ocwen Financial does $750 million mortgage-servicing deal in preparation for ResCap bid.
Time for the members of the French private equity industry to start apartment shopping in London?
Blackstone co-founder Peter G. Peterson …. unmasked!
The Office of the Comptroller of the Currency looks to remake its reputation.
CNBC asks, which California city will go bust next?
The Securities and Exchange Commission urges investors to read carefully all secret documents containing fraud.
Dan Loeb likes Greece, Murphy Oil. Also: Tupac, Boyz II Men.
It’s still a good time to buy a private jet.
In North Dakota’s oil-rush boom towns, it’s hard to tell the “average Joe farmer from the average Joe millionaire.”