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Hedge Fund Managers

For Hedge Funds, It's All in the Game

Howard Steven Friedman | Posted 02.21.2013 | Business
Howard Steven Friedman

There are few greater examples of the irrationality of investors than the world of hedge funds. In spite of the historically poor return on investment, money continues pouring into hedge funds.

Steven Cohen's Press Release on SAC's Alleged Insider Trading: I'm a Genius!

Janet Tavakoli | Posted 05.21.2013 | Comedy
Janet Tavakoli

How did I not know allegedly illegally obtained insider information was used by managers at my own fund? It's because I'm a genius. If you don't get it, it's because you're not a genius. But don't worry. I'll explain it to you later in this press release.

Stay Classy: Hedge Fund Manager Spent On Private Jet While Borrowing For Taxes

Bloomberg Businessweek | KATHERINE BURTON, SAIJEL KISHAN and JOSHUA GALLU | Posted 06.28.2012 | Business

In early 2009, hedge-fund manager Philip Falcone was living the life of a newly made billionaire. He had started extensive renovations on a $49 millio...

Hedge Fund Managers: Sex Talk and Prostitutes

Janet Tavakoli | Posted 08.12.2012 | Business
Janet Tavakoli

Some hedge fund managers feel they are above appearances, if not the law. Some investors believe prostitution isn't a big deal, too. But there's a large cohort of investors that won't go near a hedge fund manager with a reputation for using prostitutes.

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

The Huffington Post | Harry Bradford | Posted 05.04.2012 | Business

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 06.23.2012 | Books
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 06.18.2012 | Business

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 06.12.2012 | Politics
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 | Business

* 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 | Politics
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 | Small Business
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 | D.M. Levine | Posted 02.22.2012 | Business

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 | Business
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 | Business

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 | Business

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 | Business

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 | Politics
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 | Business

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 | Politics
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 | Business

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 | Business
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 | Business

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 | Business
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 | Business

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 | Business

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