copyright © 2008 Dow Jones & Company, Inc.
J.P. Morgan Seizes Fund's Collateral
J.P. Morgan seized tens of millions of dollars of collateral from a fund run by Guggenheim and started to auction it off following the fund's failure to come up with additional capital to meet margin calls.
Dec 04 2008
CNL to Buy Ski Resorts
Real-estate investment trust CNL Lifestyle Properties is expected to announce that it will acquire three U.S. ski resorts for $132 million.
Dec 04 2008
Citi Gets Tough With General Growth
Citigroup bought a 5.3% stake in General Growth even as it is playing tough in debt-extension talks. The mall owner faces bankruptcy if it can't extend a big loan with a group including Citi.
Dec 04 2008