iOS app Android app

Magnetar Trade

Who is Next in the SEC's Crosshairs? Some Possible (and Heretofore Overlooked) Suspects

Thomas Adams and Yves Smith | Posted 05.25.2011 | Business
Thomas Adams and Yves Smith

Both the traditional media and the blogosphere have taken an almost obsessive interest in the suit the SEC filed against Goldman last week with regard...

Goldman's Blueprint for Dumping Toxic Assets: How These CDOs Were Designed to Fail

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

While most of these deals remain shrouded in secrecy, one of them, Anderson Mezzanine Funding 2007, Ltd. lays out its blueprint in sufficient detail so that we can pinpoint how and why this transaction's failure was assured.

A Hedge Fund Show Tune: Ditty Lampoons Magnetar's 'Betting Against The American Dream' (VIDEO)

Posted 05.25.2011 | Business

As part of their segment this week on the hedge fund Magnetar, This American Life and Planet Money asked Broadway composer Robert Lopez to write a sho...

Do Business Schools See Why CDOs Are Compared to "Springtime for Hitler"?

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

New reporting offers hard evidence that Magnetar, a hedge fund group based in Chicago, had designed a series of subprime mezzanine CDOs that were all but guaranteed to fail.

Magnetar How One Hedge Fund Helped Keep the Bubble Going

ProPublica | Jesse Eisinger and Jake Bernstein | Posted 05.25.2011 | Business

Several journalists have alluded to the Magnetar Trade in recent years, but until now none has assembled a full narrative. Yves Smith, a prominent fin...