The Argentine Ambassador To The U.S. Wrote A Defiant Open Letter To Paul Singer
Argentina's lawyer is having serious problems convincing New York Judge Thomas Griesa that his clients will eventually pay hedge fund manager Paul Singer, and other bond holders, when their payments...
View ArticleDan Loeb Is Auctioning Off A Chance For Five People To Have Lunch With Him
Billionaire hedge fund manager Daniel Loeb, the founder of Third Point LLC, is auctioning off a chance for five people to have lunch with him in either New York or LA for charity.The proceeds of the...
View ArticleUPDATE: Argentina Just Filed Suit To Get Their Ship Back From Ghana, And They...
This just in from the Bloomberg, Argentina has filed suit against Ghana with the Law of the Sea Tribunal in Hamburg Germany.Foreign Minister Hector Timerman also says the country will seek compensation...
View ArticlePaul Tudor Jones Reveals Big Moves In Facebook, Apple, Groupon, And More
Hedge fund legend Paul Tudor Jones isn't the type of investor who likes to talk about what his fund, Tudor Investments, is holding (or letting go of).But on 13F filing day, no one can avoid disclosing...
View ArticleGeorge Soros Discloses A Big Stake In Groupon
George Soros has filed his quarterly 13F with the SEC.Last quarter, he revealed a new position in Facebook, so we were waiting eagerly for his disclosure today to see how that played out.Well, nothing...
View ArticleDavid Tepper Picked Up A Staggering Amount Of JP Morgan And AIG Stock
It's 13F season, and David Tepper's Appaloossa Management just turned in its filing to the SEC.Most of the big moves we've noticed this quarter so far have to do with tech companies like Groupon and...
View ArticleKyle Bass Is Only Holding 5 Stocks
Most of what we hear from Hayman Capital founder Kyle Bass has to do with macro events and currency markets.But the man is also a smart investor in companies (check out this well-times investment he...
View ArticleDavid Einhorn Sold A Big Chunk Of His Apple Stake And Disclosed New Stakes In...
Hedge fund hot-shot David Einhorn snapped up some new positions in the third quarter, according to a 13F regulatory filing. For the quarter ended September 30, Einhorn's Greenlight Capital had taken...
View ArticleDan Loeb Dumped His JC Penney And Picked Up A Bunch Of Brand New Stocks Last...
Dan Loeb's hedge fund, Third Point Partners, has filed its 13F regulatory document.So let's cut the preamble short and get to what Third Point's holding.Here's what Loeb dumped in Q3:2,000,000 shares...
View ArticleArgentina's Debt Restructuring Argument Could Be Very Significant For The...
Yesterday, Argentina filed for a re-hearing of its arguments against hedge fund manager Paul Singer and other investors in its sovereign debt that neglected to restructure their debt in 2005 and 2010...
View ArticleA Former Hedge Fund Manager Breaks Down How Wall Street Uses Its Favorite Tax...
I wrote last week that one of the great lessons of the recent Presidential campaign, for me, is how little we as a country understand income tax policy.Since we’re about to engage in a crash course in...
View ArticleToday We'll Find Out Just How Far Argentina Is Willing To Go To Defy Hedge...
Today, Argentina is supposed to sign an affidavit confirming that it will abide by the ruling of New York Judge Thomas Griese and pay hedge fund manager Paul Singer and other investors that bought the...
View ArticleFamous Bettor Against Subprime Kyle Bass Is Bullish On A Brand New Mortgage...
Texan hedge fund manager Kyle Bass, the founder of Hayman Capital, spoke at the University of Virginia Investing Conference in Charlottesville yesterday evening. As expected, Bass presented his thesis...
View ArticleHow Hostess Failed: Hedge Funds Vs. Unions
When Hostess Brands announced that it would close up its operations,the forces most responsible for that decision were two hedge funds that control hundreds of millions of Hostess debt and which have...
View ArticleHow A Committee Of Financiers Decides When A Country Is In Default
If Argentina doesn't pay the bondholders that are suing the country for sovereign debt dating back to 2001, it could go into default.But someone has to officially determine that the country is in...
View ArticleRegulators Now Realize America's Shadow Banking System Is Much Bigger Than...
Nov. 18 (Bloomberg) -- The shadow banking industry has grown to about $67 trillion, $6 trillion bigger than previously thought, leading global regulators to seek more oversight of financial...
View ArticleArgentina Has The Money To Pay It's Debts, But Here's Why It Would Rather...
Here's what you have to understand: Argentina isn't refusing to pay angry hedge fund managers like Elliott Capital's Paul Singer because they don't have the money. They do.The country's intransigence...
View ArticleJim Chanos Gets Another Huge Score
Hewlett Packard is getting killed right now due to weak earnings and a big charge, and that's a big score for famed short-seller, Jim Chanos.Go back to July. That's when Chanos gave a presentation at...
View ArticleHedge Fund Manager Charged In The Largest Insider Trading Case In History
Former hedge fund manager Mathew Martoma was charged today in what is believed to be "the most lucrative" insider trading scheme ever, federal authorities said. Martoma was employed at at a portfolio...
View ArticleThis Is The Most Important Part of The SEC's Complaint Against Hedge Funder...
Florida hedge fund manager manager Mathew Martoma has been arrested in what people are describing as the most lucrative insider trading charge in history.Martoma allegedly made $276 million trading on...
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