Newcastle Investment Corp., (NCT) a Mortgage REIT managed by Fortress Investment Group, will continue to contribute management fees to FIG’s income statement for at least another year. But whether NCT makes it out of 2010 is an another question. Newcastle is suffering from a host of balance sheet issues, including a portfolio full of CDOs […]
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Fortress Investment Group Fails To Knuckle Newcastle Preferreds
(The Wikinvest Daily Angle, 3/31/10)
Fortress Hedge-Fund Executives Lawin, Treacy Said to Have Left
(Hedge Fund Blogs From HedgeCo.Net, 3/25/10)
(FIG) GMAC to Sell European Mortgage Business to Affiliates of Fortress Investment Group
(Stock Blog Hub, 4/13/10)
