Ex-Subprime Mortgage Trader Bets On Homeowners’ Future Equity

Keri Findley traded subprime mortgage bonds during the Great Financial Crisis. Now, she’s betting on big returns from a home equity product with parallels to one that boomed before 2008.

Source

Bloomberg Markets

Read full article at Bloomberg Markets

Opens original article in a new tab

Ackman Says It'll Take Weeks, Not Months to Invest IPO Proceeds

Pershing Square founder and CEO Bill Ackman says the company's initial public offering is the "beginning of a journey" during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

37 minutes agoRead more →

EconomyDaily Composite

CNBC