Clik here to view.
Phil Falcone Resigns As CEO Of His Holding Company, Walks Away With $40...
Philip Falcone has called it quits. Falcone has resigned as the CEO and chairman of Harbinger Group, a publicly traded holding company.The company said in a news release that Falcone would receive a...
View ArticleClik here to view.
Argentina's President Is Back Battling Hedge Funds After A Trip To The Hospital
BUENOS AIRES (Reuters) - Argentina's President Cristina Fernandez returned to the public stage in fighting form on Tuesday after a three-week break due to an infection, declaring in a speech to...
View ArticleClik here to view.
21 Sweet Perks Hedge Funds Give To Their Employees
If you work on Wall Street, you might realize that life might be just a little better on the buy-side versus the sell-side. Folks who work for hedge funds tend to get bigger salaries and better hours...
View ArticleClik here to view.
Hedge Fund Manager Ordered To Pay His American Ex One Of The Largest Divorce...
LONDON (Reuters) - Billionaire hedge fund manager Chris Hohn has been ordered to pay his estranged wife Jamie Cooper-Hohn 337 million pounds ($530 million) in one of the largest divorce settlements in...
View ArticleClik here to view.
Hedge Fund Boss Ordered To Pay One Of The Largest Divorce Settlements In...
LONDON (Reuters) - Billionaire hedge fund manager Chris Hohn has been ordered to pay his estranged wife Jamie Cooper-Hohn 337 million pounds ($530 million) in one of the largest divorce settlements in...
View ArticleClik here to view.
This Stock Chart Perfectly Sums Up The Whole Oil Crash Story, And It Is Scary
Oil has crashed close to 20% in the past month as OPEC’s aggressive attempt to drive the US Shale Oil industry into the ground has continued apace.Whether it has other implications for the global...
View ArticleClik here to view.
Deflation Is Going To Cause A Scary New Kind Of Debt Crisis
Russell Napier is a financial historian and the founder of ERIC, an online research firm that aims at connecting analysts and investors.Here he talks to Merryn Somerset Webb about the next deflationary...
View ArticleClik here to view.
Hedge Funds Are Closing Like It's 2009
This year could be the worst for hedge fund closures since the financial crisis, Bloomberg reported.In first half of the year, 461 funds shut their doors, the report said, citing research from Hedge...
View ArticleClik here to view.
John Paulson's Event Fund Got Annihilated This Year
John Paulson's event-driven fund has fallen 27% this year, Bloomberg News' Kelly Bit reports, citing two unnamed sources familiar with the fund's performance. The event-driven fund — which focuses on...
View ArticleClik here to view.
2 Hedge Fund Managers In A High-Profile Insider-Trading Case Just Got Their...
The United States Court of Appeals for the Second Circuit, which covers New York City, has reversed the insider-trading convictions of hedge-fund managers Todd Newman and Anthony Chiasson, according to...
View ArticleClik here to view.
EX-LEVEL GLOBAL EMPLOYEE: We'll Never Get Our Reputations Back
David Ganek, the founder of now-closed hedge fund Level Global, said today's court decision to toss the insider trading convictions of two hedge fund managers is "vindication," but a lot of folks still...
View ArticleClik here to view.
RAY DALIO: It's 'Fantastic' When We Play Conversations We've Recorded Back To...
Ray Dalio, who runs the $150-billion hedge fund Bridgewater Associates, said that the firm records all its employees' conversations.Dalio spoke about his firm's eccentric culture at the Dealbook...
View ArticleClik here to view.
PAUL SINGER: I Blame The Fed For Income Inequality In The US
Hedge-fund manager Paul Singer, who runs Elliott Management, said that we have an "unfair" and "distorted" economic recovery on Thursday at the Dealbook Conference.He blames the Federal Reserve for...
View ArticleClik here to view.
The Price On Steve Cohen's Unbelievable NYC Upper East Side Penthouse Has...
Billionaire hedge-fund manager Steven A. Cohen still can't find a buyer for his NYC penthouse.The duplex penthouse at One Beacon Court just had its price reduced to $82 million, Curbed reports.The...
View ArticleClik here to view.
Argentina Is Calling Its Nemesis Hedge Fund Manager's Bluff
Since Argentina defaulted on its debt to a group of bondholders this summer, a doomsday scenario has remained in play — the fact that holders of defaulted bonds could call for an acceleration of their...
View ArticleClik here to view.
Meet The NYC High School Student Who's Rumored To Have Made Millions Trading...
New York Magazine's Jessica Pressler reports that Stuyvesant High School senior Mohammed "Mo" Islam is rumored among his friends and classmates to have made $72 million trading the stock market. While...
View ArticleClik here to view.
Carl Icahn Just Got Out Of A Tight Spot
Spain's Repsol has bought Canada's Talisman Energy for $13 billion. That's $8 per share, a stock price Talisman hasn't seen since early October.This is all great news for Carl Icahn's Icahn Enterprises...
View ArticleClik here to view.
Bill Ackman Hasn't Sounded This Confident About Herbalife In A Long Time
Hedge-fund manager Bill Ackman of Pershing Square was just on Bloomberg TV's "Market Makers," talking about his infamous Herbalife short."We've actually come up with some new stuff," Ackman said before...
View ArticleClik here to view.
Here's A Leaked Herbalife Video That Bill Ackman Says Captures Deceptive...
Bill Ackman, who runs Pershing Square Capital, has released an internal Herbalife video from 2005 that he says shows a top distributor talking about deceptive recruiting practices.According to Pershing...
View ArticleClik here to view.
Wall Streeters Are Using Blacklists To Bully One Another Out Of Deals
There's a growing disturbing trend on Wall Street.More leveraged loan buyers are increasingly "blacklisting" investors they don't like and preventing them from investing in their loans, Bloomberg's...
View Article