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Hedge Funds

Las Vegas East: The Big Bust in Stocks On the Way

Dan Agin | Posted 05.20.2013 | Business
Dan Agin

Before the Big Bust happens, here are a few cautionary words for the hoi polloi: One of the reasons for the existence of the stock market is to provide a casino for gambling and for the movement of capital from the pockets of small gambler "investors" to the pockets of big gambler "investors."

Loophole Mythology Versus Kickback Reality

Howard Steven Friedman | Posted 05.13.2013 | Politics
Howard Steven Friedman

Loopholes are generally not accidental oversights by legislators. No, they are usually more accurately called "kickbacks," tossing money and/or power back to those who were so kind to provide major campaign support.

The Rich Have Gained $5.6 Trillion in the 'Recovery,' While the Rest of Us Have Lost $669 Billion

Les Leopold | Posted 05.09.2013 | Politics
Les Leopold

It's as if the entire economic recovery is going into the pockets of the rich. And that's no accident. Here's why.

Recruit This Rock Star If You Want to Raise Money Fast

Lili Balfour | Posted 05.06.2013 | Business
Lili Balfour

Can you lead your team? Do you have conviction in your ideas while remaining open to new ideas? Do you enthusiastically accept criticism and view it as an opportunity to learn and grow?

Bad to Worse: Why Shareholder Activism Hurts Shareholders

Sanjay Sanghoee | Posted 05.03.2013 | Business
Sanjay Sanghoee

One of the ways (theoretically) in which businesses are held accountable by the public, or at least those with stock portfolios, is through shareholder activism. However, in practice, shareholder activism can actually be a case of a disease being used to cure an illness.

America's New Math: 1 Wall Street Hour = 21 Years of Hard Work For the Rest of Us

Les Leopold | Posted 04.22.2013 | Business
Les Leopold

The new Rich List is out -- yet another example of financial pornography. While nearly 15 million Americans still can't find jobs due to the Wall Street-created crash, the top hedge manager, David Tepper, earned $1,057,692 an HOUR in 2012.

Mark Gongloff

Hedge Fund Managers Make Billions For Doing Terrible Work: Data

HuffingtonPost.com | Mark Gongloff | Posted 04.15.2013 | Business

Many of us suck at our jobs. But only a few people can get exorbitantly wealthy doing so. These elites are called hedge fund managers. Several of t...

Mark Gongloff

Hedge Funds Think Other Hedge Funds Are Cheating

HuffingtonPost.com | Mark Gongloff | Posted 04.04.2013 | Business

Most hedge funders will fan themselves angrily on their fainting couches, while dialing their lawyers, if you suggest they cheat to get ahead. At the ...

'Rogue Financier' Indicted In $200 Million Fraud

Reuters | Posted 05.20.2013 | Business

By Jonathan Stempel March 20 (Reuters) - Florian Homm, a flamboyant hedge fund manager who was arrested in Italy this month after five...

Too Big to Whale: Why JP Morgan Chase Should Be Shut Down

Les Leopold | Posted 05.17.2013 | Business
Les Leopold

Executives show utter contempt for regulators and for telling the truth. How dare those lowly public servants interfere with the banks primary mission, which is making as much money as possible, anyway possible, and damn the law!

Do Hedge Funds Care? Yes, They Really Do!

April Rudin | Posted 05.17.2013 | Impact
April Rudin

Who better than professional money managers to raise and invest funds while applying the skills that make them successful in their day jobs to philanthropic initiatives?

Bad News For Apple

The Huffington Post | Mark Gongloff | Posted 02.21.2013 | Business

Apple just can't catch a break these days; even the hedge funds are starting to turn on it. The tech giant is still one of the most popular individ...

Hedgzilla vs. Finothra

J.E. Fishman | Posted 04.22.2013 | Business
J.E. Fishman

Destroying civilization as we know it never figured into Hedgzilla and Finothra's plans. It's just that, you know, stuff happens. Did I really destroy your house with my giant tail? Golly. How about -- I know! -- a visit to the house in East Hampton for my larger-than-life friends.

Apple Headed For A Loss In Court?

Reuters | Nate Raymond | Posted 04.22.2013 | Technology

By Nate Raymond NEW YORK (Reuters) - David Einhorn's hedge fund has shown a "likelihood of success" if his legal attack against Apple I...

Caymans' Folly: Do You Know Where Your Pension Funds Are?

Janine R. Wedel | Posted 04.16.2013 | Business
Janine R. Wedel

Islands like the Caymans are well-known as corporate tax havens, and earlier this week Vermont Senator Bernie Sanders railed against rampant offshore tax abuse. What's less well-known, but perhaps just as troubling, is that hedge funds use these havens to avoid something else as well: proper governance.

Inequality Is Much Worse Than You Think

Les Leopold | Posted 02.07.2013 | Politics
Les Leopold

As the administration and Congress argue over cuts in social programs, inequality in America grows more extreme each day.

A Terrible Year... Except for Investors

Dan Solin | Posted 03.31.2013 | Business
Dan Solin

The prospect of going over the fiscal cliff cast an additional pall on the markets, with many investors "fleeing to safety" until "things settle down." I am unaware of any stock market gurus who predicted all of these events, but what if they had?

Carl Icahn To Bill Ackman: 'That's Complete Bulls**t!'

The Huffington Post | Harry Bradford | Posted 01.25.2013 | Business

On Friday, it was Carl "Tae-Cahn-do" Icahn versus Bill "The Axman" Ackman in what some people were calling the best financial TV "of all time." The...

Obama 2.0: Yes We Can Raise Taxes

Sarah Anderson | Posted 03.24.2013 | Politics
Sarah Anderson

How can we continue to allow gazillionaires to pay only a 15 percent tax rate on the profit share ("carried interest") they get paid to manage hedge and private equity funds?

JOBS Act Rule Poses Early Test of SEC Chairman Walter's Leadership

Barbara Roper | Posted 03.04.2013 | Politics
Barbara Roper

She now has an opportunity to show that she also has the strength of character to lead this often-fractious agency in these difficult and challenging times. Nothing less than the safety and integrity of our capital markets depend on the choices she makes.

Good and Bad News for Jim Cramer

Dan Solin | Posted 03.03.2013 | Business
Dan Solin

While CNBC's fear of engaging in balanced financial reporting is understandable, because of its reliance on the securities industry for advertising revenues, its lack of ethics is indefensible.

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.

Crowdfunding Is Not an F-word

Victoria Silchenko | Posted 02.10.2013 | Small Business
Victoria Silchenko

Equity crowdfunding (or crowdfund investing) is not operational and not legitimate in the United States yet and for those who are growing comfortable with the concept, there are three essential facts to remember.

4 Signs The Feds Latest Super-Rich Target Has Way Too Much Money

The Huffington Post | Mark Gongloff | Posted 11.29.2012 | Business

Huge news on Wall Street: One of its brightest hedge fund stars, SAC Capital, founded by the secretive, ludicrously wealthy Steven A. Cohen, has been ...

Apex Predators Eat Hostess Twinkies

Charles J. Reid, Jr. | Posted 01.20.2013 | Business
Charles J. Reid, Jr.

Labor, in Hostess' case, is not making extravagant demands on the company. It is not insisting on a shorter work week, or a larger benefits package, or some huge increase in pay or perquisites. No. Indeed, this is the very opposite of the truth.