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Wednesday, December 18, 2013

BlackRock to Third Point Blindsided as Turkey Shares Plummet - Bloomberg

BlackRock to Third Point Blindsided as Turkey Shares Plummet
By Isobel Finkel Dec 18, 2013 11:08 AM ET

BlackRock Inc. (BLK), the world’s biggest money manager, and billionaire Dan Loeb’s Third Point LLC. are among investors hurt by slumping Turkey stocks as a corruption probe into businessmen and politicians prompted declines.

More:BlackRock to Third Point Blindsided as Turkey Shares Plummet - Bloomberg