Hedge Funds

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.

Goldman Sach's Charity Filings Reveal Foundation's Complex Trades

New York Times | GERALDINE FABRIKANT | Posted 11.12.2009 | Business


The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the legendary tra...

John Paulson: How The Hedge-Fund Manager Made $15 Billion Betting Against The Housing Market

newsweek.com | Daniel Gross | Posted 11.10.2009 | 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...

Harvard MBAs: When Fewer Take Jobs On Wall Street, It May Indicate A Rising Stock Market

nytimes.com | Cyrus Sanati | Posted 11.06.2009 | 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...

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

David Paul | Posted 11.03.2009 | 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.

Re-Regulating the Banks Is Change We Can Believe In

Trey Ellis | Posted 10.27.2009 | 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 II

Norb Vonnegut | Posted 10.26.2009 | Business


Norb Vonnegut

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

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...

Modern Portfoolio Theory

Norb Vonnegut | Posted 10.22.2009 | Business


Norb Vonnegut

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

Showdown in Chicago

Richard Trumka | Posted 10.22.2009 | 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.

Roomy Khan: Informant In Galleon Insider Trading Scandal REVEALED

Posted 10.22.2009 | 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 10.20.2009 | 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.

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

Robert Lenzner | Posted 10.20.2009 | 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.

Wall Street Donating Little To Obama

The New York Times | DAVID D. KIRKPATRICK | Posted 10.20.2009 | 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...

Sources: SEC Gearing Up For Insider-Trading Crackdown

Bloomberg | By Joshua Gallu and David Scheer | Posted 10.19.2009 | 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...

Hedge Fund Industry Presses On With New Lobbying Effort

The Huffington Post | Jenna Staul | Posted 10.16.2009 | 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...

Raj Rajaratnam Charged With Insider Trading

AP | LARRY NEUMEISTER and CANDICE CHOI | Posted 10.16.2009 | 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...

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

Reuters | Grant McCool | Posted 10.09.2009 | 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...

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

Telegraph | James Quinn | Posted 10.09.2009 | 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...

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

Dan Solin | Posted 10.06.2009 | 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.

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

AP | Posted 10.06.2009 | Business


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

Regulation? They're Banking on the Status Quo

Rick Horowitz | Posted 11.25.2009 | Politics


Rick Horowitz

There were those who expected the financial-services industry to slink away in embarrassment after the setbacks of the past year. These people misjudged us.

Credit Rating Agencies: New Rules Proposed By SEC

AP | MARCY GORDON | Posted 11.17.2009 | Business


WASHINGTON — Regulators on Thursday proposed rules designed to stem conflicts of interest and provide more transparency for credit rating compan...

Could We Expect Anything From the Pittsburgh Summit of the G-20?

Georges Ugeux | Posted 11.11.2009 | World


Georges Ugeux

Never was the G-20 intended to be anything else than a technical forum meeting twice a year. It has no power, no administration, let alone any authority.

Chanos Gave Secret Presentation To G7 Finance Ministers Warning Of Economic Collapse

Evening Standard | Paul Waugh | Posted 09.26.2009 | Business


This happy band of G7 finance ministers looked perfectly relaxed as they arrived for their gathering in Washington in April 2007. But it now turns ...