Articles > Newspapers > International Newspapers, Major Markets > Scotland on Sunday articles > April 2003

Article: Taking Stock in New York: Wall Street promises prosperity and good fortune - but for who exactly?

Article from:
Scotland on Sunday
Article date:
April 20, 2003
Author:
Copyright

WHAT'S in a name? Not much if you were one of the unlucky investors reassured by the sound of the Safe Harbour Fund, a hedge fund that lost half its value last year. Its performance was bad enough to drag Morgan Stanley's Institutional Fund-of-Funds into losses for the year.

No one could make the same claim about the nomenclature of John Koonmen's Eifuku Master Trust. "Eifuku" is, of course, Japanese for "prosperity and good fortune", but some investors could fairly believe he chose the name as a warning of what he would do to those who gave him their money.

Koonmen, a Lehman Bros alumni and one-time Wall Streeter, is again a topic of conversation because of speculation about who lost ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: NEW YORK: Wall Street Woes Outdo the ...
The Bond Buyer;  April 15, 2008 ;     700+ words ... ... property values, New York is feeling an even greater impact from Wall Street's woes. Less ... endless good news for New York City's economy ... to downturns. New York City gets 9% of ... financial sector. Wall Street profits in 2006 ...

USA, New York: wall street.(c) Ferdinando ...
Magnum Photos;  January 1, 1990 ;     254 words ... ... Photos 01-01-1990 USA, New York: wall street. (c) Ferdinando Scianna ... Stock exchange Column USA, New York: wall street. (c) Ferdinando Scianna/Magnum Photos USA, New York: wall street. (c) Ferdinando Scianna ...

Article: Daily News, New York, Wall Street ...
Knight Ridder/Tribune Business News;  March 7, 2001 ;     700+ words ... ... Schoolman, Daily News, New York Knight Ridder ... that employment on Wall Street is as volatile as ... services company and New York's second-biggest ... published in The Wall Street Journal. Citigroup ... starting last spring, Wall Street employment ...

New York. Wall street. (PAR239915)
Magnum Photos;  January 1, 2002 ;     247 words ... ... Photos 01-01-2002 New York. Wall street. Keywords: office block ... manhattan new york state new york city usa continent wall street us nyc american geographical u s ny n y c new york. wall street. 2002 Magnum Photos

Article: Daily News, New York, Wall Street ...
Knight Ridder/Tribune Business News;  November 19, 2004 ;     700+ words ... ... Daily News, New York Knight Ridder ... and a reliance on Wall Street, "the city tends ... Michael Dolfman, New York director of the ... bonus," said Wall Street recruiter John ... Daily News, New York. Distributed by ...

Article: CORRECTION: Daily News, New York, Wall ...
Knight Ridder/Tribune Business News;  January 29, 2004 ;     700+ words ... ... Business News Jan. 29--The New York Daily News has moved a correction ... corrected one. Daily News, New York, Wall Street Column By Tom Van Riper Daily News, New York Jan. 29--Four little words ...

Article: View From New York: Wall Street ...
The Independent - London;  March 5, 1994 ;     700+ words ... ... here seem to fear, is Wall Street simply in the early ... water torture", as the New York Times put it this week ... make matters worse, Wall Street is already experiencing ... mechanism that has allowed Wall Street to recover from each ...

Article: VIEW FROM NEW YORK: Wall Street ...
The Independent - London;  October 2, 1995 ;     700+ words ... ... combinations has also risen sharply. Wall Street is enjoying the ride. Notable ... Lipper, of Lipper Analytical in New York. He confirms that Wall Street is thriving again but voices ... pay packet, according to the New York Times, has been set at over ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives