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Hedge Funds

Terrorists On Wall Street

Harry Fuller | Posted 05.25.2011 | Business
Harry Fuller

This is the latest in terror tactics: give me money or I blow my corporation up. The U.S. hasn't been this pathetic since Katrina.

Why is Bear Stearns Trading Above Deal Price?

David Neubert | Posted 05.25.2011 | Business
David Neubert

I've been getting the inside scoop from some hedgefund traders (who always request to remain anonymous).

Business To Security Analysts: Shut UP

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

I've been in business for about 5,427 dog years and at no time during my career has there ever been a day when somebody wasn't worried about what some security analyst was writing about us.

Select Investors Win Big On Bear's Downfall

Wall Street Journal | GREGORY ZUCKERMAN, JENNY STRASBURG and TOM MCGINTY | Posted 05.25.2011 | Business

The collapse of Bear Stearns Cos. dealt a severe blow to investors, from big names like billionaire Joseph Lewis to thousands of employees of the brok...

Big Hedge Funds, Led By JP Morgan, Grow By 30 Percent

Financial Times | Anuj Gangahar | Posted 05.25.2011 | Business

Assets at the largest US hedge funds grew by more than a third last year, even though three of the 10 largest funds lost a combined $24bn in assets th...

Michelle Obama: "Don't Go Into Corporate America"

National Review | Byron York | Posted 05.25.2011 | Business

I have a new story today about Michelle Obama's visit to Zanesville, Ohio, where she met with a group of women at a local day care center. According ...

Hedge Funds Buy Up NYT Shares

New York Post | Brian Garrity | Posted 05.25.2011 | Business

Harbinger Capital Partners is tightening its grip on the New York Times and Chairman Arthur "Pinch" Sulzberger Jr. The investment firm yesterday rais...

Alan Greenspan Joins Hedge Fund

Reuters | Posted 05.25.2011 | Business

Hedge fund manager John Paulson, who earned billions of dollars last year by betting against the housing market, said on Tuesday that former Federal R...

Know Your Hedge-Fundese

New York | Daily Intelligencer | Posted 05.25.2011 | Business

Hedge-fund managers use a lot of lingo. The reason they do this is to trick you into thinking what they do is really complicated, and you are too dumb...

Start-Up Blows Through $300 Million In VC Cash

Los Angeles Times | Joseph Menn | Posted 05.25.2011 | Business

The start-up Pay by Touch seemed close to a sure thing, with its futuristic approach to speeding shoppers through checkout lines while protecting thei...

Probe Into Hedge Funders Death Reveals Sordid World Of Sex, Cocaine, And Male Go-Go Dancers

New York Times | Andrew Ross Sorkin | Posted 05.25.2011 | Business

A life of private jets and black-tie balls ended with Seth Tobias, a wealthy investment manager and a familiar presence on CNBC, floating face down in...

Stripper-Obsessed Hedge Funder Faces Jail Time For Using Creditors' Cash To Pay Personal Expenses

Globe And Mail | Paul Waldie | Posted 05.25.2011 | Business

Canada's hedge fund industry has its share of rogues, but few are as colourful as Paul Eustace. By his own admission in a deposition filed in court, ...

Hedge-Funder Neiderhoffer: "The Worst Mistake In This Business Is To Be In Over Your Head"

New Yorker | John Cassidy | Posted 05.25.2011 | Business

On a wall opposite Victor Niederhoffer's desk is a large painting of the Essex, a Nantucket whaling ship that sank in the South Pacific in 1820, after...

In Dash For Cash, More Young People Skip B-School

The New York Times | Louise Story | Posted 05.25.2011 | Home

Most people who knew Gabriel Hammond at Johns Hopkins in the late 1990s could have predicted he would rise quickly on Wall Street. As a freshman, he t...