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Carson Block Might Be Smelling His Newest Short's Fear Right Now
Last week, Carson Block's newest short, Singapore-based Olam was fine with the amount of cash it was holding (thank you very much).Now, as FT Alphaville spotted, the commodity trading firm seems to...
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Paul Singer Just Set Up The Next Battle In His War With Argentina
Elliott Management's Paul Singer wants $250 million from Argentina in one week, MercoPress reports.Singer suffered a set-back in his years long legal battle with the country last week, when an Appeals...
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Why One US Hedge Funder Went To China Long, Before Coming Back Home And...
The short story is that Zack Buckley, CIO of Buckley Capital Partners, went to China long a bunch of Chinese companies, and came home to the U.S. shorting the whole lot.The long story, of course, is a...
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All Of A Sudden, Nothing In Paul Singer's Lawsuit Against Argentina Is Going...
A New York Appeals Court has ruled that Argentina will not have to pay Paul Singer and other holdouts $250 million by December 10th, Clarin reports.This is a significant turn of events. At the end of...
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Hayman Capital Managing Director Killed In Tragic Accident
Very sad news...A Dallas-based investment professional Galen Weston Swank was killed in a car crash early Tuesday morning, NBC 5 Dallas-Fort Worth reported. He was 31.Absolute Return's Rob Copeland was...
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Marc Lasry Explains Why Wall Street And Washington Will Never Understand Each...
Over the past few weeks, the heads of Wall Street and Corporate America have been going to Washington to advise on fiscal cliff talks.But the talks draw on, with Republicans and Democrats muddling...
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Steve Cohen's SAC Capital Flagship Fund Is Up 12% YTD
Steve Cohen's SAC Capital Advisors' flagship fund is up 12% YTD through the end of November, CNBC's Kate Kelly just reported on "Fast Money: Half Time Report" moments ago.That's much better than the...
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REPORT: Citi Advising Clients Not To Put More Money In SAC Capital
Bloomberg News' red headline just crossed saying, "Citi is said to advise clients from adding money to SAC."CNBC's Kate Kelly reported on "Fast Money: Half Time Report" moments ago that SAC Capital...
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Some Quick Thoughts On What It Takes To Start A Hedge Fund These Days
The Bloomberg Hedge Fund Summit just wrapped up a panel on hedge fund start-ups, and they made a few points that we had to share right away.The panelists were Jason Ader, CEO and CIO of Ader Investment...
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Massive Hedge Fund Raided By The FBI Two Years Ago Is Shutting Down
Stamford-based hedge fund Diamondback Capital, which was raided by the Feds back in 2010 as part of the government's wide sweeping insider trading crackdown, is liquidating, Bloomberg's Saijel Kishan...
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When The FBI Told Mathew Martoma They Had Evidence He Broke The Law He Passed...
A year ago, when the FBI approached former SAC portfolio manager Mathew Martoma, who was charged with insider trading last month, here's how he reacted according to Dealbook's Peter Lattman: Last...
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Billionaire Steve Cohen Absent From This Year's Art Basel
Prolific art collector Steven A. Cohen, the billionaire founder of $14 billion SAC Capital Advisors, is absent from this year's Art Basel, the New York Times' David Segal reports. Cohen, a passionate...
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The Fabulous Life Of Hedge Fund Legend Steve Cohen
Billionaire Steve A. Cohen, who runs the super-secretive hedge fund SAC Capital Advisors, is known on Wall Street for being one of the most successful traders.He began his Stamford-headquartered hedge...
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Check Out The Florida Mansion Of Accused Insider Trader Matthew Martoma
A year ago, when an FBI agent told former SAC portfolio manager Mathew Martoma at his Florida home they had evidence he broke the law, he passed out in his front yard, the New York Times reported. Last...
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HEDGE FUND MANAGER: My First Customer Is Dead
I was lonely and I wanted money. I was living in a one bedroom apartment in Astoria, Queens, NYC in 1995. I knew nobody in the area. I would write my phone number on two dollar bills and tip waitresses...
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Three 'Hedge Fund Guys' In Singapore Are Buying One Of The World's Most...
Robert M. Parker, Jr., who is one of the world's most prominent wine critics, is selling a "substantial interest" in his bi-monthly publication, The Wine Advocate, to three Singapore-based investors,...
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A Frontier Market Hedge Fund Is Killing It, In Part Thanks To Nigerian Banks
In a year when hedge funds are getting crushed, emerging and frontier market-focused firm Caravel Management is up over 30%.Business Insider heard Caglar Somek, a partner and portfolio manager at...
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Inside The Super-Swank Breast Cancer Charity Event Attended By Paul Tudor...
Last night, hundreds of people filled the Mandarin Oriental in Manhattan's Columbus Circle for a beautiful star-studded evening benefiting the Dubin Breast Center.Back in 2010, Glenn Dubin, the...
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The Five Hedge Funds With The Biggest Stake In AIG (AIG)
The Treasury Department said that it has agreed to sell the last of its AIG common stock and has received a positive return on its AIG commitment of $22.7 billion.Shares of AIG were last trading up...
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Paul Tudor Jones Pretends To Kiss Glenn Dubin On The Cheek [PHOTO]
We captured this funny moment between legendary hedge fund manager Paul Tudor Jones and Glenn Dubin, the CEO of Highbridge Capital, at last night's charity event benefiting the Dubin Breast Center at...
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