Jim Chanos Says He Was Short Herbalife And That Ackman Is 'Correct In His...
Famed short-seller Jim Chanos, the founder of Kynikos Associates, said on CNBC's "Squawk Box" this morning that he shorted Herbalife last year. "We were short last year," Chanos said, adding, "We were...
View Article15 Places You Can Meet A Wall Streeter In New York City
Everyone knows investment bankers, traders and hedge funder work extremely long hours. So when they're not chained to their desks all day, where can you find them?We asked some of our finance friends...
View ArticleThis New Puerto Rican Law Makes Wealthy People Want To Move There To Avoid Taxes
Billionaire hedge funder John Paulson, who famously bet against the subprime housing market, is reportedly weighing a move to Puerto Rico to take advantage of a new tax law there, Bloomberg News...
View ArticleThis Is The Sick Penthouse Where John Paulson Could Live If He Moved To...
Everyone is buzzing about a Bloomberg News report that billionaire hedge fund manager John Paulson is considering moving to Puerto Rico to take advantage of a new tax law.Bloomberg News also reports...
View ArticleREPORT: Two Legendary Hedge Fund Managers Were Both Investors In InTrade
This is something we didn't know before about InTrade, the events betting site that announced yesterday that it was shutting down...Legendary billionaire hedge fund managers Paul Tudor Jones and Stan...
View ArticleMeet The Beautiful Brazilian Actress That George Soros Is Suing For...
Back in 2011, Brazilian soap opera star Adriana Ferreyr filed a $50 million lawsuit against her ex, billionaire hedge fund legend George Soros, claiming he renegged on a $1.9 million apartment he...
View ArticleCarl Icahn Bought A Whole Lot More Herbalife
Carl Icahn just upped the ante in his war against hedge fund manager Bill Ackman.According to an SEC filing, Icahn bought 322,716 more shares of Herbalife at $41.45 a share.Herbalife has been a...
View ArticleBILL ACKMAN: The Press Is 'A Necessary Element' Of My Investment Strategy (HLF)
Hedge fund manager Bill Ackman recently did a Q&A "Value Investor Insight", a newsletter run by Whitney Tilson and John Heins.Advisor Perspectives has an excerpt.One of the questions posed to...
View ArticleDavid Tepper Is Still Super Bullish And Thinks The S&P Could Rise 20% Or More
Billionaire hedge fund manager David Tepper is still extremely bullish and he thinks the S&P could rise 20 percent or more this year, CNBC's Kate Kelly reported on "Halftime Report" citing an...
View ArticleHedge Fund Billionaire Marc Lasry Says He's Going To Be The New Ambassador To...
Billionaire Marc Lasry, who runs distressed debt hedge fund Avenue Capital, is going to be the next ambassador to France, according to Politico's Maggie Haberman citing Clinton.From Politico: During...
View ArticleHedge Fund Billionaire John Paulson Not Defecting To Puerto Rico To Dodge Taxes
Closely-followed billionaire hedge fund manager John Paulson's firm released a statement that he has no intention to relocate to Puerto Rico to avoid taxes. Here's the release:NEW YORK, March 15, 2013...
View Article10 Elite Prep Schools That Have Produced Wall Street's Biggest Names
We recently did a report on where some of Wall Street's top hedge fund managers went to college.While there's a belief that in order to get a Wall Street job you need to graduate from an Ivy League...
View ArticleAnd Another SAC Capital Unit Has Settled An Insider Trading Suit
Billionaire hedge funder Steve Cohen's SAC Capital's CR Intrinsic unit agreed to settle insider trading charges for a record $600 million today, according to a release from the SEC.That's not all,...
View ArticleBillionaire Financier Dirk Ziff Is Selling This Westchester County Manor For...
Curbed's Rob Bear reports that billionaire publishing heir/financier Dirk Ziff has recently listed his Katonah, New York mansion for $8.9 million. Ziff, who has an estimated net-worth of $4.4 billion,...
View ArticleThe Fake Hedge Fund Manager Who Bilked Kris Humphries Got Sentenced To 3...
Reuters' Svea Herbst-Bayliss reports that Andrey Hicks, a fake hedge fund manager who bilked NBA basketball player Kris Humphries and others, has been been sentenced to 40 months in prison.The judge...
View ArticlePresident Of Argentina Takes Convoluted Way To Rome So Her Plane Won't Be...
Newly minted Pope Francis is Argentine, and though he and the country's socially liberal President, Cristina Fernandez de Kirchner have had their differences, she went to see him in Rome on his first...
View ArticleHedge Fund Manager Anthony Scaramucci Sent Us His NCAA Bracket
Since March Madness starts tomorrow, we've been asking around to see how Wall Streeter's see it all playing out.SkyBridge Capital's Anthony Scaramucci was kind enough to send us his entire bracket. He...
View ArticleIn A Few Weeks, Bill Ackman And David Einhorn Will Judge Your Best Investment...
The Sohn Investment Conference is coming up in May.The high-profile hedge fund industry event brings together some of the top fund managers to present their investment views and picks. Business Insider...
View ArticleHedge Funder Is Selling A Shelter Island Mansion Equipped With Stripper Pole...
Curbed's Rob Bear's pick for "House of the Day" is this beautiful Shelter Island mansion with a stripper pole in the basement that is on the market for $28.5 million. The home belongs to Marco Birch, a...
View ArticleRaj Rajaratnam's Younger Brother Was Charged With Insider Trading
Rajarengan Rajaratnam, the younger brother of disgraced Galleon chief Raj Rajaratnam, who was convicted of insider trading in 2011, has been charged with insider trading, the FBI Tweeted. Here are the...
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