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ITALIAN HEDGE FUNDER: 'Never, ever marry an American woman'
Italian hedge fund star Davide Serra told a married female New York Times reporter that the advice he gives to his friends is to "never, ever marry an American woman." From The Times:"Never, ever marry...
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Playtech is asking investors for £250 million to buy troubled trading firm...
Playtech just announced plans to raise £250 million ($395.4 million) to fund its £459.6 million ($702.05 million) acquisition of troubled trading firm Plus500.Gambling software maker Playtech is...
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Hedge fund giant Crispin Odey is about to lose a huge battle for Plus500
It looks like Playtech's £459.6 million ($702.05 million) acquisition of troubled trading firm Plus500 is going to go ahead — despite Plus500's biggest shareholder opposing the deal.Playtech just...
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The hedge fund battling Samsung just put out this presentation on where the...
Billionaire investor Paul Singer is at war with the Samsung dynasty, and on Thursday he released a slide deck laying out his grievances with the Lee family's attempt to merge Samsung C&T into their...
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Meet Samsung's billionaire Lee family, South Korea's most powerful dynasty
Sabotage, espionage, succession battles, and sibling rivalries — it sounds like a season of "Game of Thrones." But it's the real-life drama of the Lee family, the Korean dynasty that founded Samsung...
View ArticleMeet Samsung's billionaire Lee family, South Korea's most powerful dynasty
Sabotage, espionage, succession battles, and sibling rivalries — it sounds like a season of "Game of Thrones." But it's the real-life drama of the Lee family, the Korean dynasty that founded Samsung...
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One of London's biggest hedge funds is about to lose a takeover battle
It looks like Playtech's £459.6 million ($702.05 million) acquisition of troubled trading firm Plus500 is going to go ahead — despite Plus500's biggest shareholder opposing the deal.Playtech just...
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Carl Icahn made around $2 billion on Netflix
Carl Icahn is out of Netflix, which means one of the greatest trades we've seen in a while is over and done with.RIP."Sold the last of our [Netflix] today," Icahn tweeted. "Believed [Apple] currently...
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Everyone who was hoping that Argentina's baloney would end next year just got...
It's almost silly that we thought it would be so easy.Argentina watchers hoping that the country would repay its debts and come out of default once Cristina Fernandez de Kirchner left the presidency in...
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David Einhorn is out at the World Series of Poker after a brutal hand
Poker playing hedge fund manager David Einhorn was eliminated from the World Series of Poker $111,111 High Roller for One Drop tournament on Sunday. Greenlight Capital's CEO had an Ace/Queen in his...
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Steve Cohen's baller NYC penthouse that he can't sell just went back on the...
Billionaire hedge-fund manager Steven A. Cohen still can't find a buyer for his NYC penthouse.The duplex penthouse at One Beacon Court has just been relisted for $79 million after briefly being taken...
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HEDGE FUND MANAGER: Tsipras could be gone in 30 days
In a special web episode of "Wall Street Week" that aired Monday, Marathon Asset Management CEO Bruce Richards made a pretty grim prediction for Greece's embattled government:"Thirty days from now,...
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Puerto Rico is now America’s Greece
The origins and consequences of Puerto Rico's debt crisis are eerily similar to those of Greece's debt crisis.In both cases, a semi-sovereign, economically uncompetitive entity finds itself mired in...
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Bill Gross has to play nice with a new co-manager
Bill Gross’ life got a bit less glamorous after his sudden departure last year from Pimco, the gigantic investment firm he founded.The once-Bond King moved on to smaller firm Janus Capital, and now...
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Samsung dynasty, 2 — Wall Street hedge fund manager, 0
Paul Singer isn't that used to this.In his war with Samsung's Lee dynasty over the sale of one piece of their $270 billion empire, the American hedge fund manager has now lost two important battles.And...
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This is the hot new way hedge funds are tricking the market without breaking...
There’s a hot new way to game the stock market, and it’s not even illegal.Bloomberg’s Yuji Nakamura reports that hedge funds and traders can simply purchase stocks before they're added to the indexes,...
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George Soros' 28-year-old son was injured in a boating accident in the Hamptons
The 28-year-old son of billionaire hedge fund manager George Soros was injured in a boating accident in the Hamptons over the holiday weekend, The New York Post reports.Gregory J. Soros was a passenger...
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The 4 reasons to dump a stock, according to multibillionaire Leon Cooperman
Billionaire investor Leon Cooperman spent 25 years at Goldman Sachs before he became CEO of his own hedge fund, the $9.4 billion Omega Advisors.He has built on those decades of experience to know...
View ArticleShowtime just released a teaser video for 'Billions' — the new hedge fund...
Showtime has just released a teaser video for its new hedge fund drama, "Billions," and now we can't wait for the premiere.The 12-episode series is billed as a "complex and contemporary drama about...
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One of Wall Street's most political billionaires passed on Scott Walker
Gov. Scott Walker of Wisconsin (R) attended a luncheon with billionaire hedge fund manager Dan Loeb in recent weeks*, Business Insider has learned.Walker was seeking Loeb's key financial support ahead...
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