JULIAN ROBERTSON
An American former hedge fund manager and investor who established Tiger Management Corporation, one of the first hedge funds that actually generated money during the 2008 subprime crisis. He started his hedge fund with $8 million and increased it to $22 billion by 1998. Now, he stakes other managers beginning new funds and acts on the boards of many institutions and organizations. He formed the Robertson Scholars Program, which gives full scholarships to students in Duke and North Carolina.
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Account Hold
Account holds are the deposits that are withheld before they are actually credited to a specific account, like the deposited checks that came from ...
Regulation Y
A Federal Reserve regulation which regulates corporate bank holding company practices as well as particular practices of state-member banks. Practi ...
Naked Position
It is a security position which is not hedged from the market risk. Both the potential gain and potential risk are larger when a position is ...
Turnaround
Financial recuperation of a company following a deteriorating financial performance over a prolonged time. Companies experiencing financial difficu ...
Carve-Out
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
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