Fortress Investment Group

(Newser) - President Trump's lenders have forgiven some $287 million in debt that he's failed to repay since 2010, most of that stemming from the Trump International Hotel & Tower in Chicago, the New York Times reports in its latest foray into the president's tax records. Deutsche Bank and...

(Newser) - John Edwards, who has railed against "shameful" subprime lenders on the campaign trail, has $16 million invested in a fund that has foreclosed on Katrina victims. A Wall Street Journal investigation has identified 34 New Orleans homeowners facing foreclosure suits from an arm of Fortress Investment Group, which Edwards...

(Newser) - The casino-operator buyout spree continued today as Penn National Gaming agreed to be acquired by two private-equity firms for $8.9 billion. The deal, which allows the company to solicit bids for 45 days, includes $2.8 billion in debt. News of the $67-a-share offer, a 31% premium over yesterday's...