Diamondback to Liquidate, Return Client Cash

Dec. 6 (Bloomberg) -- Bloomberg's Stephanie Ruhle and Erik Schatzker report that Diamondback Capital Management LLC is liquidating after an exodus of clients. The fund received requests from investors to withdraw about $520 million, or 26 percent of its assets and the firm plans to return the majority of clients’ cash next month. They speak on Bloomberg Television's "Market Makers."

Columbia's Hubbard Says Fed Is on Right Track
45:47 - Glenn Hubbard, dean and professor of finance and economics at Columbia Business School, discusses the pro-growth policies of the Trump administration and his outlook for the Fed. He speaks to Bloomberg's Yvonne Man from the Credit Suisse Asian Investment Conference in Hong Kong. (Source: Bloomberg)
  • Stanford's John Taylor on Tax Reform and Fed Policy
  • Stanford's Taylor Says Fed Knows They're Behind Curve
  • Huishan Dairy Doesn't Believe Funds Were Misappropriated