A certain segment of the hedge fund industry is in the midst of evolving. The evolution of these hedge funds is apparent in their shift from focusing on short-term gains to long-term maximization of value.   Read More

Toys 'R Us isn't the only toy store taking advantage of the void that KB Toys' bankruptcy left at shopping centers and malls.    Read More

Lenny Dykstra's bankruptcy case has been converted from a Chapter 11 reorganization to a Chapter 7 liquidation. Judge Geraldine Mund said bluntly, "Right now it looks like everything is under water."    Read More

Halloween spending is expected to fall by roughly $1 billion this season, but sales at some stores may not be as dismal as originally thought.    Read More

An auction of Lenny Dykstra memorabilia today brought in more than twice the amount of original estimates.   Read More

Tomorrow, Heritage Auctions will be selling Lenny Dykstra's World Series ring, his trophy, and other items he pawned a few months ago but never reclaimed.    Read More

The Right Start chain has gone wrong again and again. It has been in bankruptcy three times since 2003, most famously after it went on an acquisition spree, including the purchase of FAO Schwarz, even changing its name to FAO Inc.    Read More

Turns out that on the very day Dykstra walked into the South Wilshire Beverly Jewelry and Loan, a news crew from TV Tokyo just happened to be there doing a story on the suffering local economy. I kid you not.    Read More

Lenny Dykstra could use some cash right now, but an upcoming auction of his World Series trophy and ring will apparently not help him. Instead, auction proceeds will go to the Beverly Hills pawn shop which claims Dykstra pawned the items but never reclaimed them.    Read More

In the Great Recession and today’s era of de-leveraging, much is being made of the so-called “fulcrum security”.    Read More