Tag: Investing/Securities

Did Muddy Waters Miss the Boat in Attacking Blackstone Mortgage Trust?

[ad_1] Real estate stocks have been under pressure for a couple of years. The pressure rose two weeks ago for Blackstone Mortgage Trust, with the 50-page critique of a well-known short seller. Continue reading this article with a Barron’s subscription. View Options [ad_2] Source link

FDIC Fights Back Against Former First Republic Employees’ Lawsuit

[ad_1] The Federal Deposit Insurance Corporation is fighting back against a lawsuit brought by nearly 170 former employees of First Republic Bank who are seeking to recover retirement funds they had deposited in a trust set up by the failed lender. The FDIC is arguing that the federal court where the lawsuit was filed earlier this month doesn’t have the authority to grant the temporary restraining order the plaintiffs are seeking, and even if it did, the plaintiffs have failed to make a compelling argument that they would eventually… [ad_2] Source link