Hedge Fund Managers

The Moral Compass Missing From The Greatest Trade Ever

David Fiderer | Posted 11.16.2009 | 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.

Ralph Cioffi, Matthew Tannin Verdict: Ex-Bear Stearns Hedge Fund Managers NOT GUILTY On All Fraud Charges

AP | TOM HAYS | Posted 11.10.2009 | Business


NEW YORK — Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acqui...

John Meriwether, Former Long-Term Capital Management Manager, Starting New Hedge Fund

ft.com | Posted 10.23.2009 | Business


John Meriwether, the hedge fund manager and arbitrageur behind Long-Term Capital Management, is in the process of setting up a new hedge fund -- his t...

Steinhardt, Hedge Fund Vet Now 'Less Of A Capitalist'

footnoted.org | Michelle Leder | Posted 06.27.2009 | Business


We take a break from our usual troll through the filings because last night, I had a chance to hear legendary hedge fund investor Michael Steinhardt s...

Alpha's Hedge Fund Losers: Magazine Lists 8 Worst Performers

Huffington Post | Julie Satow | Posted 04.26.2009 | Business


Alpha magazine has published a list of the worst performing hedge fund managers in 2008. The group of eight lost a combined $6.2 billion in personal...

Hedge-Fund Pay May Fall 25%

Bloomberg | Katherine Burton | Posted 04.25.2009 | Business


March 25 (Bloomberg) -- Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year's inv...

Top Hedge Fund Managers Do Well In A Down Year (SLIDESHOW)

New York Times | LOUISE STORY | Posted 04.24.2009 | Business


The financial crisis may have turned much of Wall Street's wealth into dross, but a select group of hedge fund managers has managed to maintain a gold...

Obama Tax Plan: Hedge Funders Could Pay $24 Billion More

Bloomberg | Jason Kelly and Katherine Burton | Posted 03.29.2009 | Business


Feb. 26 (Bloomberg) -- Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if P...

John Paulson: The Hedge Funder Who Made Too Much

Portfolio | Gary Weiss | Posted 03.07.2009 | Business


In an era in which losers are universal and making a profit seems somehow shady, Paulson is the most conspicuous of Wall Street's winners. Paulson & C...

A Poem for Bankers, Hedge Fund Managers and Other Financial Wizards

Vivian Norris de Montaigu | Posted 01.18.2009 | Style


Vivian Norris de Montaigu

"How Did I Trust Thee?": I was your caddie you see./Thirty years ago./You gave me the golden wink./I invested my life and soul to thee.

26 Not-So-Bad Things About The Bad Economy

Pamela Redmond Satran | Posted 01.09.2009 | Style


Pamela Redmond Satran

No need to hunt down the most distinctive artisanal cheese: Your new gastronomic thrill will be finding pork at 49 cents a pound. Agonizing over whether to get divorced? Don't bother, you can't afford it.

Hedge Fund Managers Tell Congress They See Need For Tighter Restrictions

NY Times | LOUISE STORY | Posted 12.14.2008 | Business


Five prominent hedge fund managers testified Thursday before a House committee that they supported some additional regulation of their industry. The ...

Congress Takes Aim At Griffin's Citadel

Robert Reed | Posted 12.13.2008 | Chicago


Robert Reed

Ken Griffin, Chicago hedge fund magnate and one of the country's wealthiest men, is the anti-Trump. Unlike The Donald, Griffin hates being noticed. All that is about to change Thursday.

Ned Lamont On Wall Street Crisis: "This Is Our Katrina"

Wall Street Journal | Robert Frank | Posted 11.03.2008 | Business


"It's the human toll that is frightening," said State Rep. Livvy Floren, a friend of Mr. Fuld. "Dick Fuld has spent 39 years of his life doing this. I...

California Hedge Fund Quits, Returns Money To Investors

Financial Times | James Mackintosh | Posted 10.23.2008 | Business


The best-performing hedge fund manager of the past two years has closed down his funds and is returning money to investors after concluding that the d...

Everybody's Quitting Hedge Funds These Days

DealBook | Andrew Ross Sorkin | Posted 10.04.2008 | Business


Running a hedge fund has long been considered one of the top jobs in finance, but this summer a growing number of managers have called it quits, unabl...

CNBC's Ronald Insana's Legends Fund A Bumpy Experiment

DealBook | Andrew Ross Sorkin | Posted 09.19.2008 | Business


Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: billions of dollars were being thr...

Maybe Yoga Will Help Soothe Hedge Funders In Bum Economy

Dealbreaker | Posted 08.02.2008 | Business


In an attempt to stop throwing phones and temper tantrums over the lousy markets, a growing number of financiers are taking up yoga to "take a step ba...

Fugitive Fund Chief Sam Israel At Large, Identifiable By Bird Tat, Painkiller Addiction: U.S. Marshals

U.S. Marshals | Posted 06.25.2008 | Business


The United States Marshals Service is seeking information in its investigation to locate and apprehend federal fugitive Samuel Israel III. (For larger...

Fugitive Fund Chief Sam Israel At Large, Identifiable By Bird Tat, Painkiller Addiction: U.S. Marshals

U.S. Marshals | Posted 06.25.2008 | Business


The United States Marshals Service is seeking information in its investigation to locate and apprehend federal fugitive Samuel Israel III. (For larger...

Missing Hedge Fund Scammer's Business Card For Sale On eBay

Stamford Advocate | Jeff Morganteen | Posted 06.21.2008 | Business


View the eBay listing for Samuel Israel III's business card. An eBay seller is looking to cash in on the saga of Samuel Israel, the 48-year-old hedge...

Possible Getaway Driver Questioned In Disappearance Of Con-Artist Fund Manager Samuel Israel III

CNBC.com | Posted 06.21.2008 | Business


U.S. Marshals are questioning a man in connection with the disappearance of convicted hedge fund millionaire Samuel Israel, according to a report from...

Feds: Missing NY swindler armed and dangerous

AP | Posted 06.20.2008 | Business


WHITE PLAINS, N.Y. — Federal marshals in New York have issued a "Wanted" poster that says a missing hedge-fund swindler should be considered "ar...

Samuel Israel III, Convicted Hedge Fund Manager, Still Missing

New York Post | Perry Chiaramonte, Kaja Whitehouse and Dan Mangan | Posted 06.19.2008 | Business


June 11, 2008 -- A hedge-fund manager due to begin a 20-year prison stint for a $450 million fraud abandoned his SUV on a Hudson River bridge with "Su...

Warren Buffett Bets $320K That Management Fees Are Crap

NYT | Posted 06.17.2008 | Business


Warren Buffett, a longtime critic of the fees charged by some money managers, has put his own cash on the line -- or, at least, a small chunk of it --...