Gasparino Thinks He Knows Why Mathew Martoma Won't Turn Against Steve Cohen
Fox Business reporter Charlie Gasparino just tweeted out this scoop about the insider trading case against former SAC Capital subsidiary portfolio manager Mathew Martoma.Gasparino went on Fox Business...
View Article'Tiger Cub' Pleads Guilty To Wire Fraud In $60 Million Settlement
One of legendary hedge fund manager Julian Robertson's so-called "Tiger Cubs" was charged will illegal trading in Chinese stocks and agreed to settle the charges, the SEC said in a release yesterday....
View ArticleWhat Happened When A Trader From The Biggest Hedge Fund In Europe Called RBS...
When the Libor scandal broke this summer, it was the first time most of the world (even people who pay attention to markets) had ever heard of the rate.Thanks to documents uncovered by Bloomberg,...
View ArticleWhat It Takes To Start A Hedge Fund Has Completely Changed Over The Last Decade
If you think you're going to be like Ray Dalio or Dan Loeb, starting an incredible hedge fund from your apartment, it's time to let go of that dream.Over the last ten years, starting your own fund has...
View ArticleHere's David Einhorn Rocking Out To Alicia Keys Last Night
Billionaire hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, was spotted rocking out to Alicia Keys at the Robin Hood Foundation's 12-12-12 benefit concert for Sandy relief.You can...
View ArticlePhoto Of Paul Tudor Jones' Spectacular Christmas Lights Display
In keeping with holiday tradition, hedge fund billionaire Paul Tudor Jones has put up another elaborate Christmas lights display at his Belle Haven estate in Greenwich, Connecticut.The spectacular...
View ArticleCliff Asness: Warren Buffett Is 'Patently Wrong' About How Tax Rates Affect...
Hedge fund manager Cliff Asness, who runs AQR Capital Management, published an op-ed in the Wall Street Journal taking on Warren Buffett's argument that tax rates don't really matter.First, here's the...
View ArticleDavid Tepper Probably Just Made Some People In Hedge Funds And Private Equity...
David Tepper just finished a rare appearance on Squawk Box this morning, covering everything from the Fed to the situation in Europe.The billionaire founder of hedge fund Appaloosa Management also got...
View ArticleSAC Capital Alum Anthony Chiasson Was Just Found Guilty Of Insider Trading
This just in from the Bloomberg, Anthony Chiasson, founder of defunct hedge fund Level Global, and Todd Newman, a former portfolio manager at Diamondback Capital, have been found guilty of insider...
View ArticleThe Four Types Of People You'll Meet -- And How To Deal With The Crappy Ones
Ugh, I’m disgusted with my brain. I see people walking down the street and there’s like this killer inside me providing running nasty commentary about each person. Do you do this also?I have to stop...
View ArticleThe Hedge Funds With The Biggest Stakes In Gun Manufacturers (SWHC, RGR)
Friday's tragic elementary school shooting in Newtown, Connecticut has renewed the debate on gun control in the U.S. and Obama has even pledged to use the power of his office to stop gun violence....
View ArticleHedge Fund Billionaire Paul Singer Just Tried To Take More Of Argentina's Stuff
Now that the UN Tribunal of the Law of the Seas has ruled that Argentina will get their naval vessel out of Ghanaian port, hedge fund manager Paul Singer has no assets to hold over the country's head...
View ArticleKA-CHING: Dan Loeb's Third Point Made $500 Million Off A Big Greek Bond Bet
Billionaire hedge fund hot-shot Daniel Loeb, the founder of $10 billion Third Point LLC, made $500 million profit off of a Greek Government Bond bet, the Financial Times' Sam Jones reports citing...
View ArticleDavid Einhorn Nails It Again! (GM)
Hedge fund hot-shot David Einhorn, the founder of Greenlight Capital, has nailed it again.This time it's with General Motors. Shares of GM were last trading up more than 7% following news that the car...
View ArticleBill Ackman Is Short Herbalife And The Stock Is Diving (HLF)
CNBC's Kate Kelly reports that hedge fund titan Bill Ackman, the founder of Pershing Square Capital Management, is short Herbalife. The hedge fund manager considers Herbalife to be a pyramid scheme,...
View ArticleHERBALIFE CEO: 'The U.S. Will Be Better When Bill Ackman Is Gone'
Herbalife's CEO Michael Johnson is responding to Bill Ackman's short position on Herbalife. CNBC's Kate Kelly first reported that Ackman, the CEO of Pershing Square Capital Management, is shorting...
View ArticleREPORT: Morgan Stanley Dumps John Paulson
CNBC's Mary Thompson reports that Morgan Stanley Wealth Management division has dropped John Paulson's Paulson Advantage and Paulson Advantage Plus.Morgan Stanley's brokerage, which previously had...
View ArticleLIVE: Bill Ackman Is Presenting His Big Takedown Of Herbalife (HLF)
Hedge fund titan Bill Ackman, the founder of Pershing Square Capital Management, is giving a huge presentation right now on his new short position -- Herbalife.The activist investor considers...
View ArticleAnother Stock With A Similar Business Model To Herbalife's Is Getting Slammed
As Bill Ackman makes the rounds presenting his thesis for why Herbalife, a nutrition company with a multi-level marketing scheme, is actually a pyramid scheme, another stock is floundering in the...
View ArticleThe Best Part Of Bill Ackman's Presentation Was When He Served Everyone In...
Let it never be said that Bill Ackman lacks a sense of showmanship.Today he presented his thesis for why Herbalife, a nutrition company with a multi-level marketing scheme, is an excellent short. He...
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