The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fink Sees Opportunity Everywhere in the Subprime Mess Not Rated 2.3 Email Routing List Email & Route  Print Print
Thursday, December 06, 2007

Fink Sees Opportunity Everywhere in the Subprime Mess

by: Erin Kello

BlackRock's Larry Fink knows a good opportunity when he sees one. Reuters reports that in the wake of the credit market turmoil, Fink's company has been cleaning up and cashing in. BlackRock's shares have rocketed up 45 percent from a 52-week low set on August 16, in the middle of the credit crisis. BlackRock, which had very little invested in subprime holdings, seized the opportunity to step in to aid other troubled entities. Most recently it invested capital in troubled E*Trade and agreed to help the State of Florida with a troubled investment pool, all with a small fee attached.  

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use