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Bill Erbey made more than $2 billion building what looked like a better mousetrap for collecting mortgage debt, but much of that fortune vanished in 2014.
Shares of Ocwen Financial and four related companies overseen by Bill Erbey were plummeting Monday after Erbey was forced to resign as chairman of all of them.
Analysts have an overwhelmingly positive opinion of JPMorgan going into 2015, handily beating number two pick Capital One Financial.
On Deck Capital CEO Noah Breslow discusses his 53% interest charges on the day of his company's initial public offering on the New York Stock Exchange.
On Deck Capital will become the latest nontraditional lender to take on the public markets as its shares begin trading Wednesday.
The selloff in oil prices is expected to spur more energy mergers next year, as giants such as Exxon Mobil, Chevron, Royal Dutch Shell and Total snap up weaker players.
Master limited partnerships such as Linn Energy and NGL Energy Partners have been slammed by lower oil prices, but Goldman Sachs thinks that may present a buying opportunity.
Dover Corp.'s presentation last week 'hammered home the risk,' for industrials from lower energy prices, according to a JPMorgan analyst report.
MLPs such as Linn Energy and Niska Gas Storage Partners have been taking it on the chin, with some analysts saying they might even be bargains soon but not now.
Dan Plettner earned an MBA thinking he'd have to work for a living, but he says he has managed to live off his investing skill.