Matthew Goldstein
Recent Stories By Matthew Goldstein:
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Exclusive: Nonprofit that flipped homes to investors faces scrutinyNovember 24, 2013
NEW YORK (Reuters) - A U.S. housing regulator has been investigating the activities of a small California not-for-profit that bought hundreds of foreclosed homes through a federally backed program...
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U.S. to put SAC hedge fund out of business over insider tradingNovember 4, 2013
NEW YORK (Reuters) - Steven A. Cohen faces an abrupt end to his career as one of the world's most successful traders after his SAC Capital Advisors became the largest Wall Street firm in years to...
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SAC Capital deal with U.S. prosecutors gets closer: sourceOctober 17, 2013
NEW YORK (Reuters) - A deal between SAC Capital and U.S. prosecutors to resolve a criminal insider trading case against the firm could come in a few days, a source familiar with the matter said on...
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Exclusive - Oaktree group to sell U.S. foreclosed homes: sourcesSeptember 23, 2013
NEW YORK (Reuters) - Oaktree Capital Group is leading an effort to put up for sale roughly 500 fully-leased homes, an indication some early investors are looking to cash-out on the recovery in U.S....
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JPM's Whale troubles may not end with civil settlementSeptember 17, 2013
NEW YORK (Reuters) - U.S. prosecutors are still investigating JPMorgan Chase & Co's "London Whale" trading scandal for potential criminal wrongdoing, according to people familiar with the probe...
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Ackman quits J.C.Penney board, removing distractionAugust 13, 2013
(Reuters) - Hedge fund billionaire Bill Ackman's two-year campaign to transform department store J.C. Penney came to an abrupt end on Tuesday with his decision to step down from the board, after a...
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DOJ expects to charge SAC Capital on Thursday: sourceJuly 24, 2013
NEW YORK (Reuters) - Federal prosecutors are continuing to look for ways to build a criminal case against billionaire trader Steven A. Cohen at the same time as they prepare to announce criminal...
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Blackstone notifies Cohen's SAC it intends to pull money: pension consultantMay 25, 2013
(Reuters) - Billionaire hedge fund manager Steven A. Cohen is losing the financial support of Blackstone Group Inc, the largest outside investor in his embattled SAC Capital Advisors, which is...
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Prosecutors' subpoena of SAC's Cohen puzzles defense lawyersMay 21, 2013
NEW YORK (Reuters) - The decision by prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many...
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Can Cash-Rich Investors Keep Snapping Up Homes?May 2, 2013
Michael Marchillo, a plumber, has been trying and failing for months to buy a bigger home for his family here in Sin City. He was pre-qualified by a bank for a $130,000 mortgage, which a year ago...
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Press Release: More trouble for Cohen's SAC Capital as Steinberg indicted in NYMarch 29, 2013
(Reuters) - U.S. prosecutors on Friday charged Michael Steinberg, a veteran portfolio manager at Steven A. Cohen's hedge fund, with insider trading in two technology stocks, the most senior SAC...
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Exclusive: Cerberus seeks to bankroll investor landlordsMarch 28, 2013
NEW YORK (Reuters) - Private equity firm Cerberus Capital Management wants to provide financing to small investment firms that are buying foreclosed homes as part of a long-term bullish bet on the...