The Wall Street Journal
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Billionaire Investor Bets on Housing’s Bottom
Jun 12, 2008Well-known hedge-fund manager Edward S. Lampert is betting on housing’s bottom, piling into investments ranging from home improvement retail to mortgage origination and servicing, according to a published report on Thursday. Lampert’s ESL Investments Inc., which controls roughly $11.6 billion in investments, recently began picking up shares in some of the housing and mortgage sectors hardest-hit stocks. The Wall Street Journal first reported on the purchases Thursday morning.
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Buy and bail, the newest trend in housing shenanigans
Jun 11, 2008 -
BofA Names Some Countrywide Execs to Posts at Combined Mortgage Company
Jun 11, 2008 -
UBS Faces More Writedowns: Journal
Jun 10, 2008 -
Sandler: Golden West Too Convenient a Scapegoat
Jun 09, 2008 -
Report: National City On ‘Probation’ With Banking Regulators
Jun 06, 2008 -
Community Banks Move into Mortgages; So, Too, Does Credit Crunch
Jun 05, 2008 -
Lehman May Raise $4 Billion As Hedges Fail: Report
Jun 03, 2008 -
LIBOR Mess Promises to Squeeze ARM Borrowers
May 29, 2008 -
Whither thou, credit crunch?
May 29, 2008 -
School districts bringing the hammer
May 21, 2008 -
The political risk of a housing bailout
May 12, 2008
