Hints and tips:
...A former loom-worker, Audrey Perry, describes how the noise from 80 looms in her workplace meant that operators had to learn to lip-read....
...This glamorous collection includes big names such as Oscar-winning actors Hattie McDaniel and Sidney Poitier, but also lesser-known figures such as 1930s actress Nina Mae McKinney, nicknamed the “black Garbo...
...Perry, chairman, said. Fannie Mae also named David Benson, who had served as chief financial officer and executive vice-president for the past five years, its new president....
...For hedge funds with shares in the pair — including Perry Capital, Pershing Square and Fairholme Funds — the change proved disastrous....
...Fannie Mae closed 34.7 per cent lower at $2.71, while Freddie Mac was down 38.1 per cent at $2.47....
...Perry has been stuck in a battle with the US government over Fannie Mae and Freddie Mac, appealing against a US district court ruling that the Treasury had the right to seize the mortgage companies’ profits...
...Perry, which led the lawsuit against the government, announced in September it would wind down....
...Perry Capital was one of several funds betting the courts could help it extract profits from its stakes in Fannie Mae and Freddie Mac, the government-backed housing finance companies....
...Common shares in Fannie and Freddie have more than doubled, with each rising more than 44 per cent on Wednesday, boosting hedge funds locked in the trade: Mr Perry’s Perry Capital said in September it would...
...It is the curse of Fannie Mae and Freddie Mac....
...Some say that Thomas was, in fact, Lillie Mae Scott, who stabbed her husband to death in Houston in 1931. Perhaps she was on the run....
...The easterly city of Dhahran, home to Aramco, Saudi’s national oil company, provides access to the alcoholic relief of neighbouring Bahrain, via a 15-mile causeway nicknamed the Johnnie Walker bridge....
...Perry Capital and Fairholme Funds on Monday fired their latest salvo in a battle with the US government over Fannie Mae and Freddie Mac, appealing against a US district court ruling that the Treasury had...
...Most troublesome was Perry’s emphasis on the role Fannie Mae and Freddie Mac played in inflating the bubble of the 2000s....
...Fairholme and Perry Capital are the most outspoken plaintiffs in the two big Fannie Mae suits against the government....
...Bill Ackman’s Pershing Square, Bruce Berkowitz’s Fairholme Funds and Richard Perry’s Perry Capital are among the investors to have sued the government over its treatment of the US mortgage companies....
...The aggrieved parties in that matter include such investors as Pershing Square’s Bill Ackman, Fairholme Funds’ Bruce Berkowitz and Perry Capital’s Richard Perry....
...Shares of Fannie Mae and Freddie Mac sank 60 per cent on Wednesday after Bruce Berkowitz’s Fairholme Funds lost a lawsuit against the US government over the profits of the mortgage finance companies....
...A case brought by Perry Capital and Fairholme Funds against the US government’s decision to keep nearly all profits generated by Fannie Mae and Freddie Mac –- rather than share them with investors – was...
...Owl Creek, a $3bn US hedge fund that had a trading position in the companies, suffered from the fall, as did Richard Perry’s Perry Capital and Bill Ackman’s Pershing Square....
...This year, several high-profile funds, including Bill Ackman’s Pershing Square and Richard Perry’s Perry Capital, also placed their chips on Fannie, Freddie and Shire....
...Several fund managers, including Perry Capital and Fairholme Funds, have already challenged the legality of the Treasury’s amended bailout terms, prompting fury on Capitol Hill from several lawmakers....
...Paulson, Perry Capital, Owl Creek and Bill Ackman’s Pershing Square are among the funds to have bet on the common or preference shares of Fannie Mae and Freddie Mac, which fell sharply earlier this month...
...Perry Capital, Pershing Square and Paulson were among the managers betting the US courts would restore value to the holders of nationalised US mortgage finance companies Fannie Mae and Freddie Mac, but a...
...Bruce Berkowitz’s Fairholme Funds, hedge fund Perry Capital and other investors have also sued the government....
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