By Emily Chasan NEW YORK, March 14 (Reuters) – Daniel Mudd, chief executive of hedge fund Fortress Investment Group LLC (FIG.N), has been notified by U.S. regulators that he may face civil claims related to his previous position as president and CEO of government-sponsored mortgage firm Fannie Mae. In a […]
Author: InvestAdvocate
UPDATE 1-Fortress CEO may face SEC charges over Fannie Mae
 By Emily Chasan NEW YORK, March 14 (Reuters) – Daniel Mudd, chief executive of hedge fund Fortress Investment Group LLC (FIG.N), has been notified by U.S. regulators that he may face civil claims related to his previous position as president and CEO of government-sponsored mortgage firm Fannie Mae.  […]
Stocks plunge as Japan nuclear crisis worsens
 NEW YORK – Stocks plunged Tuesday and bond prices rose as the nuclear crisis in Japan intensified following a deadly earthquake and tsunami. The Dow Jones industrial average fell more than 150 points.  The market dropped sharply at the start of trading on news that dangerous levels of […]
