Hedge Fund Managers

Ex-Enron Trader Retires At 38 With Billions In The Bank

The Huffington Post | Harry Bradford | Posted 05.04.2012

Most of us would feel lucky to have the means to retire at 38. Now imagine retiring at that ripe old age with $3.5 billion in the bank. That's the...

Book Review: The Little Book of Hedge Funds

Rob Taub | Posted 04.23.2012

Rob Taub

Anthony Scaramucci has written The Little Book of Hedge Funds, an entertaining and informative book without the typical Wall Street bombast.

Hedge Funds Face 'Make Or Break' Year

Reuters | Posted 04.18.2012

By Laurence Fletcher LONDON, April 18 (Reuters) - Large institutional investors who have ploughed tens of billions of dollars into hed...

How Did Mitt Make So Much Money and Pay So Little in Taxes?

Robert Reich | Posted 04.12.2012

Robert Reich

2012-04-12-Screenshot20120412at8.18.38AM.jpgThe magic of private equity reveals a lot about how and why our economic system has become so distorted and lopsided -- and why all the gains are going to the very top.

See Which Hedge Funders Took Home Billions Last Year

Reuters | Posted 05.29.2012

* Top managers earned $14.4 bln in 2011, AR says * Bridgewater's Dalio topped list with almost $4 bln * Icahn, Simons, G...

The Insufficient Influence of the Wealthy

David Donnelly | Posted 05.14.2012

David Donnelly

We won't solve our economic problems with more influence from people who are able to hire lobbyists or write checks to candidates or super PACs. We'll solve them with more influence from more everyday Americans.

Venture Capital -- A Word of Warning

David Richards | Posted 05.06.2012

David Richards

Venture capitalists are often viewed as the heroes of the entrepreneurial Wild West. Without their willingness to gamble on the future success of unproven companies and products, the world would surely be a much poorer and less innovative place. Right?

D.M. Levine

'Sage' Investor Sued For Negligence

HuffingtonPost.com | D.M. Levine | Posted 02.22.2012

Hedge fund manager John Paulson has been hailed as a finance sage for making billions betting against the subprime mortgages beloved by Wall Street in...

Don't Be Fooled by "Best Fund Manager" Lists

Dan Solin | Posted 02.26.2012

Dan Solin

This is the time of year when the financial media goes into overdrive. You can expect no end of predictions for 2012. Some will be right. Others will be wrong. Those who are right will anoint themselves "gurus." Actually, they were just lucky.

Goldman Raises Hundreds Of Millions To Invest In Start Up Hedge Funds: Report

Posted 11.30.2011

Goldman Sachs (GS.N) has raised $600 million from clients such as pension funds, wealthy families and large institutions for a new fund that would...

Conn. Money Managers Keeping Quiet About Huge Lottery Win

AP | JOHN CHRISTOFFERSEN | Posted 01.29.2012

NEW HAVEN, Conn. — Three money managers awarded a $254 million Powerball jackpot said Tuesday there's no fourth participant despite a claim they...

Hedge Funds Have Worst Month In Almost Three Years

Posted 11.09.2011

By Amy Or of the Wall Street Journal One complaint among hedge fund managers during the financial crisis was asset correlation: Whatever they did, ...

The Tax Burden of the Very Rich

Christopher Brauchli | Posted 09.20.2011

Christopher Brauchli

The main reason that the tax rate in the United States for the rich is low is that being rich, many of the rich do not need to work.

Hedge Fund Manager Pays Back Trading Violation With Penalty

Posted 09.07.2011

BOSTON - Former hedge fund manager Forrest Fontana, who once worked for industry titan Steven A. Cohen's SAC Capital Advisors, will pay nearly $1 ...

25 People

Richard (RJ) Eskow | Posted 08.29.2011

Richard (RJ) Eskow

The top 25 hedge fund managers in the U.S. earned $22 billion last year. If they operated under the same rules that apply to other people, we could cut our national deficit by as much as $44 billion. That's just from 25 people. Here's how.

Hedge Fund Managers Give To GOP After Becoming Dissatisfied With Obama

Wall Street Journal | BRODY MULLINS, SUSAN PULLIAM and STEVE EDER | Posted 06.26.2011

Hedge-fund managers made a big bet on Barack Obama and other Democrats in 2008. Now, with the 2012 contest gearing up, some prominent fund managers ha...

Hedge Funds -- to Be Feared or Favored?

Gemma Godfrey | Posted 06.21.2011

Gemma Godfrey

As the biggest hedge fund insider trading case comes to a close, we are reminded of the risks of investing in the asset class.

Rajaratnam's Unlikely Defender

Posted 06.12.2011

NEW YORK (Grant McCool) - Hedge fund manager Raj Rajaratnam hopes a "Superman" will be able to help him win over the jury at his insider trading t...

25 Hedge Fund Managers Make as Much Money as 1,150,000 Average Americans

David Wallechinsky | Posted 06.06.2011

David Wallechinsky

A group of 25 hedge fund executives in 2010 managed to earn a combined $22.1 billion -- an amount equivalent to 441,400 American households each making $50,000 a year.

25 Richest Hedge Fund Managers Made $22 Billion Last Year

Posted 06.01.2011

Corrects paragraph to say $4.9 billion, instead of million NEW YORK (By Matthew Goldstein) - The richest 25 hedge fund managers made a bit less...

Ex-Goldman Director Sues SEC For Not Providing Jury Trial

Reuters | Posted 05.25.2011

NEW YORK (Reuters) - A former Goldman Sachs Group Inc (GS.N: Quote, Profile, Research, Stock Buzz) director accused of leaking confidential boardroo...

Losing the Narrative on Public Employee Unions

Joseph A. Palermo | Posted 05.25.2011

Joseph A. Palermo

The attack on public employee unions has just begun and won't go away. With the disempowerment of labor in our society, any sociologist will tell you, the living standards of all working people will be lowered.

Balancing the Budget, Looking for Simple Answers

Howard Steven Friedman | Posted 05.25.2011

Howard Steven Friedman

To cut costs you need to trim the big ticket items. Unfortunately, serious discussions about the budget and dramatic actions aren't going to raise re-election coffers or make politicians popular.

MLK Injustice Index 2011: Racism, Materialism and Militarism in the US

Bill Quigley | Posted 05.25.2011

Bill Quigley

As we remember the courage and hope of Dr. Martin Luther King, Jr., we must not forget that he spoke out and worked against the injustices of our nation, particularly those of racism, materialism and militarism.

Michael Burry, Profiled In 'The Big Short,' Bets On Farmland, Gold

bloomberg.com | Jon Erlichman and Dakin Campbell | Posted 05.25.2011

Sept. 7 (Bloomberg) -- Michael Burry, the former hedge-fund manager who predicted the housing market's plunge, said he is investing in farmable land, ...