Wife Of Hedge Funder Ken Griffin Says She Was Coerced Into Signing A Horrible...
Ken Griffin's wife has filed a response to his divorce petition asking the court to void the couple's prenuptial agreement, claiming she was rushed into signing it before their wedding, Crain's...
View ArticleMathew Martoma Sentenced To 9 Years For 'Most Lucrative' Insider Trading...
Former SAC portfolio manager Mathew Martoma was sentenced to nine years in federal prison for insider trading, CNBC's Kate Kelly reports.He also has to forfeit $9.4 million.In February, Martoma was...
View ArticleShares Of A Chinese Company Plunged After Famed Short-Seller Carson Block...
Folks on Twitter are saying that famed short-seller Carson Block mentioned Chinese sports lottery site 500.com (ticker: WBAI) while speaking at a private conference yesterday.You could definitely see...
View ArticleACKMAN: Allergan Has The 'Most Shareholder-Unfriendly' Defense In The...
Hedge fund manager Bill Ackman sent the following letter to Allergan's board telling them they have put up the most "shareholder-unfriendly" defense in the "history of corporate America." Ackman, who...
View ArticleIf You're A Hedge Fund Dude, This Is The Personal Ad For You
Two NYC-area ladies have posted the following ad on Craig's List seeking a pair of preppy vest and loafer-wearing boyfriends with Ivy League degrees.Perhaps some of our hedge fund analyst friends could...
View ArticleA Former Hedge Fund Star Just Launched His Own Channel Because He's Sick Of...
Former global macro fund manager Raoul Pal doesn't think financial television channels are providing real value for viewers. That's why Pal has decided to take matters into his own hands by launching...
View ArticleOne Of The World's Most Infamous Short-Sellers Did An Awesome Presentation On...
Muddy Waters Research CEO/founder Carson Block spoke to accounting students at Baruch College on Wednesday afternoon about short-selling.Block is famous for targeting Chinese companies he believes are...
View ArticleCNBC Was Ready To Ask A Star Contributor To Go Back To The Network After...
After blacklisting SkyBridge Capital CEO Anthony Scaramucci from its airwaves and refusing to renew his exclusive contributor deal, sources say CNBC was ready to ask "The Mooch" (as he is often called)...
View ArticleDan Loeb Raised $2.5 Billion For His Fund In Just 2 Weeks
Hedge fund manager Daniel Loeb raised $2.5 billion over just two weeks in August, signaling investor appetite for shareholder activism investing, The Wall Street Journal reports.According to The...
View ArticleHedge Fund Manager's Obsession With Dishwasher-Safe To-Go Container Says...
Jeff Smith and his hedge fund Starboard Value LP have released a huge 294-slide presentation criticizing Olive Garden and its parent company Darden for, among other things, wasting money.Smith and his...
View ArticleMeet The Hedge Fund Manager Who Wants To Change The Way Olive Garden Serves...
Activist investor Jeff Smith, who runs hedge fund Starboard Value, wants to to make a change to Olive Garden's famous unlimited breadsticks and salad.Smith's fund owns an 8.8% in the restaurant group's...
View ArticleWe've Just Witnessed The First True Masterpiece Of The Modern Hedge Fund Era...
We're living in a golden age for a certain kind of very-public investing strategy, where big-name hedge funders get up on stage, or produce PowerPoint presentations laying out their investment thesis...
View ArticleBillionaire Hedge Fund Manager Explains Why Nothing Scares Him More Than An...
Hedge fund managers often like to opine on various topics that are largely unrelated to investing.In his latest lengthy quarterly letter to clients, Paul Singer of Elliott Management spent some time...
View ArticleOlive Garden Points Out An Error In A Hedge Fund Manager's Takedown Of Its...
Last week Jeff Smith and his hedge fund Starboard Value LP released a huge 294-slide presentation criticizing Olive Garden and its parent company Darden for wasting money, among other things.One of the...
View ArticleMeet The 25-Year-Old Rising Star Who Worked On That Epic Hedge Fund...
A 25-year-old was behind the epic presentation on Darden Restaurants — the parent company of Olive Garden, Business Insider has learned. On Friday, Starboard Value LP, which is run by activist investor...
View ArticleOne Of The Most Important Investors In The World Is Entirely Done With Hedge...
Calpers — the California Public Employees’ Retirement System — has announced that it will completely divest itself from hedge funds, taking $4 billion out of the game, says Bloomberg. Interim Chief...
View ArticleA Gloom Has Taken Over The Biggest Gambling Center On The Planet
Casino giants Wynn Resorts and Las Vegas Sands are selling off — both are down about 3%.The action is tied to the continuation of a dark trend in the gaming industry's largest market, Macau.This summer...
View ArticleBill Ackman Could Be Close To Breaking Even On Herbalife Thanks To The...
Bill Ackman, who runs Pershing Square Capital, appears to be approaching the break-even point on his infamous Herbalife short.Shares of Herbalife slipped below $45 on Tuesday. The stock was last...
View ArticleHEDGE FUND MANAGERS REACT: CalPERS Was Just Terrible At Picking Hedge Funds
The hedge fund industry today is buzzing about the nation's largest public pension fund's decision to ditch all of its hedge fund investments.On Monday, the California Public Employees’ Retirement...
View ArticleNYC Bartender Calls Out Wall Streeter For Allegedly Grabbing Her Butt
An NYC bartender posted an "open letter" on her Facebook page calling out a Wall Street asset manager for allegedly grabbing her bum.Laura Ramadei, who is also an actress and bar tends at Lucky Strike...
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