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Here's How Much The Average Money Manager At A Hedge Fund Made Last Year
Institutional Investor's Alpha has released its annual hedge fund employee compensation report for 2013 and the numbers are looking great for folks on the buyside.Even though only a small handful of...
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David Tepper Isn't Nervous Anymore
Last month David Tepper spoke at one of the biggest hedge fund conferences of the year, SALT Las Vegas.He told the crowd, "I am nervous, I think it's nervous time."Now, according to CNBC's Kate Kelly,...
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A Hedge Fund Manager Let A Bunch Of Goats Loose In Detroit
We know JPMorgan Chase CEO Jamie Dimon said his firm would do its part to help Detroit with a $100 million investment, but it seems he's not the only Wall Streeter trying to find a solution for another...
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DENIED — Bill Ackman And Valeant's Sweetened Bid For Allergan Rejected
(Reuters) - Botox maker Allergan Inc <AGN.N> on Tuesday rejected a sweetened $53 billion takeover offer from Valeant Pharmaceuticals International <VRX.TO> and activist investor William...
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33 Of The Biggest Hockey Players Working On Wall Street
The Stanley Cup finals are this week.Many folks on Wall Street have been lucky enough to get some of those highly-coveted tickets to watch the LA Kings and New York Rangers at Madison Square...
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Quiet Markets Are Killing Four Huge Hedge-Fund Names
The quiet market has made for a rough year for investors. Particularly for some of Wall Street's hedge-fund titans, a Wall Street Journal article said today.Hedge funds specialized in macroeconomic...
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An Incredibly Embarrassing Punishment For Going Wild At A Wall Street Holiday...
Here's the bottom line people — no matter who you are, no matter what you've done, always go to work the day after a Wall Street holiday party.One caring reader was kind enough to share this teachable...
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Inside The Ruthless And Camera-Shy World Of Hedge Funds
Reading the recent New York Magazine piece on Steve Cohen, the billionaire hedge-fund manager of SAC Capital, two themes emerge: he hates fame and he likes to be feared. That is not uncommon on Wall...
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The Supreme Court Went Completely Hardline On Argentina — Here's What Happens...
The Supreme Court has responded to Argentina's request to have its case against hedge-fund creditors heard with a resounding, unquestionable no."This is the end of the line for Argentina in the...
View ArticleWhat It's Like To Have The Godfather Of Hedge Funds Teach You How To Short...
Richard Chilton, CEO of hedge fund Chilton Investments, has been on Wall Street since Morgan Stanley's book value was a tiny $30 million (in 1978).That means he's seen and learned a lot. In an...
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A Major Jewish University Is In Danger Of Going Broke Because Of How Much It...
Credit-ratings agency Moody's thinks Yeshiva, a private Jewish university located in New York City, will be broke by next year. Yeshiva lost an estimated $105 million with convicted Ponzi schemer...
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Everyone In Hysterics Over An Argentine Default Is Wrong
Guys, Argentina isn't going to default.Yes, the media is enjoying the possibility of catastrophe, and Argentines themselves have fatalism in their DNA, but it's not going to happen.Why? Because both...
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A Hedge Fund Was Hacked In A Never-Before-Seen Attack
A hedge fund was hacked in a complex attack that hampered the firm's trading strategy and send information about its trades to offsite computers, according to a report by CNBC's Eamon Javers.The...
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And Now Argentina Is In A Race Against Time...
This is not going to be tidy.Yes, Argentina has said that it is willing to negotiate with a group of hedge fund managers that have been suing the country for full payment on Argentine bonds dating back...
View ArticleArgentina Put A Scathing Full-Page Ad In Three Major Newspapers This Weekend
This weekend a full page ad decrying the hedge funds that sued Argentina for over $1.3 billion in sovereign debt appeared in the Wall Street Journal, The New York Times, and The Washington Post.“Paying...
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The Daughter Of Billionaire Investor Nelson Peltz Is Starring In The Newest...
The daughter of billionaire activist investor Nelson Peltz, the founder of Trian Fund Management, is starring in the latest Transformers movie. Nicola Peltz, 19, plays Mark Wahlberg's daughter Tessa...
View Article3 Things You Can't Say In Your Hedge Fund Interview
Richard Chilton has been on Wall Street since 1978. In that time he's built his hedge fund, Chilton Investment Company, into a firm with about $4 billion assets under management.To do that, he's had to...
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It Looks Like Bill Ackman Just Got A Huge Ally In His Fight For Botox-Maker...
Reuters is reporting that billionaire hedge fund manager John Paulson has bought 6 million shares of Allergan, or about a 2% stake. They're also reporting that Paulson supports an Allergan/Valeant...
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This Is How A Hedge Funder Brings An Entire Country To Its Knees
Right now Argentina is in danger of a calamity, the likes of which the world hasn't seen since 2001, and it's all because of one hedge fund manager's tried and true strategy to make money off of...
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Hedge Funder Says Massive Heist May Have Been Macau's 'Lehman' Moment
In April, Huang Shan, a shareholder in the Kimren Group, one of Macau's top high-roller promoters, took $1.3 billion worth of the company's money and vanished.Now Macau's entire junket funding system...
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