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A KPMG Senior Partner Was Allegedly Leaking Inside Info On Herbalife To Someone
The big news of the morning is that accounting firm KPMG is resigning as Herbalife's auditor. Herbalife's stock was halted on the news and the opening was delayed. Trading has not yet resumed....
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Steve Cohen's Jaw-Dropping NYC Penthouse Just Went On The Market For $115...
Billionaire hedge fund manager Steve Cohen, whose S.A.C. Capital has come under scrutiny lately, is selling his gorgeous Upper East Side duplex penthouse for $115 million, The Real Estalker reports.He...
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Bill Ackman On JC Penney: 'We're Not Going Anywhere'
People have been speculating that hedge fund manager Bill Ackman was going to bail on his disastrous JCPenney investment.Ackman, who runs $12 billion Pershing Square Capital Management, tells Women's...
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Meet The 30-Year-Old Ex-Water Ski Instructor Who Made $2 Billion Trading For...
The Wall Street Journal's Gregory Zuckerman has a piece about a young trader at Och-Ziff who made $2 billion last year. James Levin, 30, the head of a 14-person credit team for Daniel Och's Och-Ziff,...
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The 10 Highest Paid Hedge Fund Managers
Institutional Investor's Alpha has released its 12th annual rich list, which ranks the top-earning hedge fund managers for the year. According to Institutional Investor's Alpha's analysis, the 25...
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Here Are All The Gold Stocks John Paulson Is Losing Money On Today (GLD,...
The big news of the day is that gold is getting slammed.Gold tanked more than 7% to trade below $1,400 an ounce during Monday's session.People are probably wondering how John Paulson, the...
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ICAHN: 'I Have Retained Absolute Right To Conduct Proxy Fight At Dell'
Carl Icahn has released a statement saying that he retains absolute right to conduct proxy fight at Dell, Bloomberg News reported. "I have refused to take a $25 million expense reimbursement from Dell...
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Hedge Funder Dan Loeb Bought Sandy Weill's Sick Yacht
Hedge fund hot-shot Daniel Loeb, the founder of Third Point LLC, recently purchased Sandy Weill's 200-foot yacht, CNBC's Kayla Tausche and Robert Frank report.He paid between $50 to $52 million for the...
View ArticleA Documentary Featuring Bernie Madoff's Personal Secretary Of 25 Years...
The new Bernie Madoff documentary "In God We Trust" premieres this Friday at the Tribeca Film Festival in Manhattan. The film follows Madoff's personal secretary of 25 years Eleanor Squillari and how...
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What Wall Street's Gossips Are Saying About George Soros Shorting Gold
Before I relay this, let me first make sure you understand that I am simply discussing a rumor here - I have no way of knowing whether or not it is true and have no opinion as to whether anyone should...
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George Soros' Son Is Selling His NYC Townhouse With A Rooftop Basketball...
Two years ago, George Soros' son bought a townhouse in Little Italy with a domed basketball court on the roof for $11,999,900 million.Now he's selling it for $12 million, says Curbed NY.Wonder what...
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Dan Loeb Backs Out Of Speaking Gig After Teachers Union Bosses Threatened To...
Hedge funder Daniel Loeb backed out of speaking at a conference after teacher union bosses threatened to grill him on his stance on their pension benefits, the New York Post Michelle Celarier...
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Hedge Funders Are Building Huge Barricades To Protect Their Hamptons Mansions...
After super-storm Sandy, a bunch of hedge funders have set up barricades to protect Hamptons mansions and property from the wrath of the ocean.The New York TimesMichael Schwirtz reports: ...Joshua...
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Georgetown's Business School Will Now Offer A Meditation Class Inspired By...
It's a well-known fact that hedge fund god Ray Dalio, who runs Bridgewater Associates, loves to meditate. In fact, he has attributed the practice to his success as a hedge fund manager. Dalio is one of...
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The American Federation Of Teachers Sent Out A Big Watch List Of Hedge Funds...
The American Federation of Teachers, a labor union that represents teachers, sent out a "watch list" for hedge funds who might have an opposing stance on their defined benefit plans (DB plans). The...
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Reuters Accidentally Releases George Soros Obituary And It's REALLY Harsh
Whoops...Reuters has accidentally posted an obituary of hedge fund billionaire George Soros.The remarkable thing is how harsh it is, basically calling the fund manager a hypocrite, and talking about...
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Steve Cohen Is Pitching To New Investors At Yankee Stadium Today
Billionaire hedge fund manager Steve Cohen, who runs SAC Capital, will be making an appearance at Yankee Stadium today, the New York Post's Michelle Celarier reports.According to the Post, Cohen will...
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REPORT: Steve Cohen Bought An Apartment In This Super Swanky West Village...
Billionaire hedge funder Steve Cohen, whose SAC Capital has come under scrutiny lately, has been snapping up real estate left and right.He recently purchased a $60 million Hamptons home. He also...
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A Hedge Fund Manager Explains Why He's Cutting Back On Twitter
A US based hedgie sent out a note to its clients over the weekend, saying they cut back on their use of Twitter.Add comment below if you got any.The note:4/ Going off Twitter………………..Both me and Javad...
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Billionaire Hedge Funder Marc Lasry Will NOT Be The Next Ambassador To France
Billionaire Marc Lasry, who runs distressed debt hedge fund Avenue Capital, will not be the ambassador to France, CNBC's Kayla Tausche reported. According to Tausche, he told investors in a letter that...
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