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Fortress Investment Group

Janell Ross

Double Down: Banks Seek New Way To Profit From Foreclosure Mess

HuffingtonPost.com | Janell Ross | Posted 12.28.2011 | Business

Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and inves...

Ex-Fannie Mae CEO Takes Leave Of Absence, Amid SEC Charges

Posted 12.21.2011 | Business

Daniel Mudd, the embattled former chief executive of mortgage financing company Fannie Mae, is taking a leave of absence from his current job as h...

SEC: Ex-Fannie Mae CEO May Have Misled Investors On Subprimes

Reuters | Posted 05.25.2011 | Business

(Reuters) - Daniel Mudd, the former CEO of government-sponsored mortgage firm Fannie Mae, has received notice from U.S. regulators that he may fac...

Wall Street Quietly Creates New Profit From Homeowner Distress

The Huffington Post Investigative Fund | Fred Schulte | Posted 05.25.2011 | Business

Story by The Huffington Post Investigative Fund, originally posted at The Center For Public Integrity. When Florida retiree Gladys Walker fell behi...

Billionaires Who've Lost BIG: 10 Titans Who've Watched Their Net Worth Plummet (PHOTOS)

Huffington Post | Sara Yin | Posted 05.25.2011 | Business

For billionaires, suffering a massive loss of wealth probably has a different effect than for, say, a millionaire's. But in relative terms, the glob...

Intrawest Auction Set For Middle Of Winter Olympics In Vancouver

The Colorado Independent | David O. Williams | Posted 05.25.2011 | Denver

Two lenders -- Lehman Brothers and Davidson Kempner - have begun foreclosure proceedings against Intrawest Holdings, owner of Whistler and several Col...

Michael Jackson Creditors Include NY Firms That Allowed Star To Continue Lavish Lifestyle

AP | STEVENSON JACOBS | Posted 05.25.2011 | New York

NEW YORK (AP) -- Music lovers weren't the only ones drawn to the King of Pop. Wooed by his global fame and earning power, a bevy of financial firms po...

Blackstone's Secrecy: Rejects SEC Request for Fund Data

bloomberg.com | Miles Weiss | Posted 05.25.2011 | Business

March 30 (Bloomberg) -- Blackstone Group LP, the world's largest private-equity firm, rebuffed a request from securities regulators to publicly disclo...

Top 10 Worst Business Deals

Time | Bill Saporito | Posted 05.25.2011 | Business

#1. The Public Invests in Blackstone Group It was only a matter of time before the private equity firms let the public in on the game -- for an infla...