Those firms are working hard to strip down their cost bases by shedding employees and minimising the risk of trading blow-ups over the next year.

ECONOMIST: Hedge funds in trouble

Donald Trump is building a tower--Ivana is, too--as are actor George Clooney, veteran Strip players like Hard Rock founder Peter Morton and Palms' impresario George Maloof.

FORBES: Damn the Bubble, Let's Build a City!

Donald Trump is building a tower--Ivana is, too--as are actor George Clooney, club king Rande Gerber and veteran Strip players like Hard Rock founder Peter Morton and the Palms' impresario George Maloof.

FORBES: Damn the Bubble, Let's Build a City!