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Hedge Funds

StreetTalk -- Weak Economy, Bull Market: A Cautionary Tale

Robert Lenzner | Posted 05.25.2011 | Business
Robert Lenzner

Main Street Americans are struggling to pay their bills, while Wall Street executives are getting record bonuses. Two Americas; trust me it's more than just a campaign slogan.

Rajaratnam Charged With Insider Trading

AP | LARRY NEUMEISTER and CANDICE CHOI | Posted 05.25.2011 | Business

NEW YORK — One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider tr...

Q&A With Responsible Pension Investment Expert Thomas Croft

Leo W. Gerard | Posted 05.25.2011 | Business
Leo W. Gerard

It's incredible how much we don't know when it comes to the investment practices and trends that affect workers' retirement assets and other institutional savings.

Inside the Wall Street Journal's Future of Finance Initiative

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

We, the middle aged financiers, are responsible for taking action on the issue of massive financial fraud. If we don't, we will never restore trust in the financial system.

A Systemic Risk Regulator and a Compensation Tsar? Larry Summers and Ben Bernanke Must Be Kidding

David Paul | Posted 05.25.2011 | Business
David Paul

With the announcement of record Wall Street bonus pools and rising credit card fees, it is time to sit back and see where we go from here.

Roomy Khan: Galleon Insider Trading Informant Surces

Posted 05.25.2011 | Business

The name of the informant who tipped off authorities to one of the largest insider trading cases in history has surfaced. According to The New Yor...

Lie, Cheat and Steal

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

Are members of the securities industry inherently evil? Obviously, it would be unfair to make such a blanket characterization, but sometimes you really have to wonder.

Financial Reform: House Lawmakers Weighs Limits On Hedge Funds, Insurers

AP | Posted 05.25.2011 | Business

WASHINGTON — House lawmakers crafting legislation to overhaul the system of financial regulation are focusing on the key elements of investor pr...

Anil Kumar's Guilty Galleon Plea: Ex-McKinsey Director Cops To Securities Fraud Charges

AP | LARRY NEUMEISTER | Posted 05.25.2011 | Business

NEW YORK — A former director of a global management consulting firm pleaded guilty Thursday to securities fraud charges, admitting making $2.6 m...

Steven A. Cohen's Ex-Wife Files Suit Accusing Billionaire Of Insider Trading

New York Times | JENNY ANDERSON and ZACHERY KOUWE | Posted 05.25.2011 | Business

In a lawsuit filed Wednesday, Ms. Cohen claims her ex-husband hid millions of dollars from her -- a common enough complaint as big-money divorces go. ...

John Paulson's Incredible Year | Daniel Gross | Posted 05.25.2011 | Business

In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets...

Modern Portfoolio Theory II

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

What can investors do when their hedge funds implode? The Galleon scandal puts a fine point on this question.

Wall Street Stars Donating Little To Obama

The New York Times | DAVID D. KIRKPATRICK | Posted 05.25.2011 | Politics

The Wall Street giants that received a financial lifeline from Washington may have no compunction about paying big bonuses to their dealmakers and tra...

New Bear Stearns Email Reveals Early Fear of "Blow-Up Risk"

Reuters | Grant McCool | Posted 05.25.2011 | Business

NEW YORK (Reuters) - One of two former Bear Stearns managers indicted for fraud over the collapse of hedge funds in 2007 feared a "blow up risk" to in...

The Moral Compass Missing From The Greatest Trade Ever

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

As much as anything, what killed Lehman was Dick Fuld's emasculation of the risk management function, which served as a moral compass.

Re-Regulating the Banks Is Change We Can Believe In

Trey Ellis | Posted 05.25.2011 | Business
Trey Ellis

Breaking up the banks to ensure that never again can the greedy few throw an entire planet into a Depression is not only a logical step but also smart, popular politics.

Modern Portfoolio Theory

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

Money managers are always trying to get an edge. But how many have crossed the line with inside information?

Hedge Fund Industry Presses On With New Lobbying Effort

The Huffington Post | Jenna Staul | Posted 05.25.2011 | Business

The Boston Globe takes a look at how hedge fund managers are reclaiming some clout in Washington after last year's economic meltdown. The paper repor...

The Big Secret Wealthy Investors Don't Want You to Know

Dan Solin | Posted 05.25.2011 | Business
Dan Solin

Wealthy investors can be enticed to buy "alternative investments" like hedge funds and private equity deals. How is that working for them? Not well.

What Did We Learn from Insider Trading at Galleon?

Norb Vonnegut | Posted 05.25.2011 | Business
Norb Vonnegut

What did we learn from insider trading at Galleon? First, hiring hookers is safer--no jail time--than flirting with with former beauty queens who consult hedge funds. Right, Eliot?

Steven Cohen Sued: Stevie Cohen Accused Of Fraud By Ex-Wife Patricia Cohen

AP | Posted 05.25.2011 | New York

NEW YORK — The ex-wife of one of America's richest men has sued the billionaire in New York for racketeering, saying he hid millions of dollars ...

Harvard MBAs: Fewer Taking Jobs On Wall Street May Indicate A Healthy Stock Market | Cyrus Sanati | Posted 05.25.2011 | Business

Fewer Harvard M.B.A. graduates took jobs on Wall Street this year than in the past as a result of the sharp contraction in the financial services indu...

Showdown in Chicago

Richard Trumka | Posted 05.25.2011 | Business
Richard Trumka

We're gathering outside the American Bankers Association meeting to demand reform that will allow us to rebuild our communities, our lives and the real economy. We've got a lot to rebuild.

Sources: SEC Gearing Up For Insider-Trading Crackdown

Bloomberg | By Joshua Gallu and David Scheer | Posted 05.25.2011 | Business

Federal investigators are gearing up to file charges against a wider array of insider-trading networks, some linked to the criminal case against billi...

Britain Ranks As Top Financial Capital, Besting U.S.

Telegraph | James Quinn | Posted 05.25.2011 | Business

The poll will fuel the ongoing debate as to whether London or New York is the best place to do business for financial communities, amid recent reports...