• close_up_knight_on_horse

    Opening Bell

    Opening Bell: 1.20.15

    Fed Officials on Track to Raise Short-Term Rates Later in the Year (WSJ) Federal Reserve officials are staying on track to start raising short-term interest rates later this year, even though long-term rates are going in the other direction amid new investor worries about weak global growth, falling oil prices and slowing consumer price inflation. […]

    / Jan 20, 2015 at 7:00 AM
  • Write-Offs

    Write-Offs: 1.16.15

    $$$ Russia Cut to Baa3 by Moody’s on Oil Plunge as Junk Rating Looms [Bloomberg] $$$ FXCM, Brokerage Hit by Swiss Shock, Gets $300 Million From Jefferies Owner Leucadia [Bloomberg] $$$ Inflation Slows Amid Plunge in Oil [WSJ] $$$ Fitch Revises Greek Long-Term Outlook to Negative [WSJ] $$$ Loose Pet Alligator May Have Been Eating […]

    / Jan 16, 2015 at 6:30 PM
  • News

    Hedge Fund Lawyers Make Bank

    Total cash compensation for general counsels at most hedge fund managers tends to range between $500,000 and $2 million. The average total cash package for a general counsel is close to $1.1 million. There are outliers at the top end of the range, however, and I know of several GC’s earning well north of $3 […]

    / Jan 16, 2015 at 5:00 PM
  • Jim Thompson


    Area Billionaire Tells Employees To Gather ‘Round And Watch Him Murder His Pecs

    Jim Thompson, the founder and chairman of logistics giant Crown Worldwide, celebrated his 75th birthday this year by doing 75 pushups in just 47 seconds, according to The Jersey Journal. The feat was accomplished in front of Thompson’s cheering employees at the company’s headquarters in Hong Kong on Wednesday. “It’s become a tradition and creates […]

    / Jan 16, 2015 at 4:38 PM
  • Hedge Funds

    Stealing From Ken Griffin For Three Years In The Joint

    Although ex-programmer Yihao Pu’s lawyer argued that her client was “guilty only of being an immature young man,” ripped Citadel off for a mere $2,000, and really didn’t need to do jail time, a judge saw things differently, on all counts.

    / Jan 16, 2015 at 4:02 PM
  • Sponsored Content

    Financial Analysis Of Litigation Funding Transactions

    Ed. note: This article is part of a weekly column from Lake Whillans Litigation Finance devoted to addressing common questions that arise in connection with commercial litigation finance. Last time we discussed the doctrines of champerty and maintenance; this week, we will be discussing the analysis a CFO might undertake when considering whether to raise […]

    / Jan 16, 2015 at 3:55 PM
  • lloyd blankfein gary cohn


    Bonus Watch ’15: Start Breathing Into A Paper Bag Now

    Don’t want to get anyone upset over nothing or be unnecessarily alarmist but there is a slight possibility that shitty earnings may translate to shitty bonuses.

    / Jan 16, 2015 at 3:25 PM
  • News

    Now Let’s Go To Senior Wall Street Genitalia Correspondent Charlie Gasparino With More. Charlie?

    famous james gorman/body language meter predicting "decent" earns ppl @MorganStanley say "hes walking around like his d–k is at half mast" — Charles Gasparino (@CGasparino) January 16, 2015

    / Jan 16, 2015 at 3:06 PM

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