• Hedge Funds

    Eviction Watch ’15: The Family Martoma

    Matthew Martoma has, for the foreseeable future, a place to stay in South Florida. His wife and three children may not be quite so lucky. Last year, Rosemary Martoma made the reasonable argument that she gave up her lucrative career as a pediatrician for the equally-lucrative career of stay-at-home mom with the expectation that she’d […]

    / Jan 13, 2015 at 1:03 PM
  • Jim Rogers

    Opening Bell

    Opening Bell: 1.13.15

    Jim Rogers claims Russian ‘consultant’ tried to extort him (NYP) The globetrotting tycoon — known for his spiffy bow ties as well as his investing acumen — has accused a San Diego woman of attempted extortion in a business deal gone bad, The Post has learned. In civil court papers filed last week, Rogers alleges […]

    / Jan 13, 2015 at 7:00 AM
  • Write-Offs

    Write-Offs: 1.12.15

    $$$ Starting her debut hedge fund without a staff of analysts to help choose investments and relying too much on one investor’s money helped lead Whitney astray, according to a person with direct knowledge of her firm. [Bloomberg] $$$ Congress Again Clashes Over Financial Regulation [WSJ] $$$ BATS fined $14M to settle HFT favoritism probe […]

    / Jan 12, 2015 at 8:29 PM
  • News

    S&P Positively Verklemmt About The Germans

    All is not well in the German Empire European Union. The Greeks may be about to do something extremely regrettable. The bloc’s economy stubbornly refuses to recognize the wisdom and effectiveness of Angela Merkel’s austere medicine. But while the Czechs have succumbed to all of the unpleasantness (JFK-Prague airfares are looking very reasonable right now, […]

    / Jan 12, 2015 at 7:02 PM
  • Hedge Funds

    New Hedge-Fund Manager Collecting Trend: Rights To Pictures Of Themselves

    Chase Coleman must really like how he looked during his collegiate days, because he’s made sure that’s one of basically two pictures of him that exist for public consumption. While Dan Loeb and Steve Cohen spend their ample disposable income on art, Chase and a few other far-sighted peers prefer to spend theirs on mugs […]

    / Jan 12, 2015 at 11:34 AM
  • Screen Shot 2015-01-12 at 9.54.35 AM

    Opening Bell

    Opening Bell: 1.12.15

    Wall Street workers shouldn’t be too excited for bonus season (NYP) After a year of record fines, sluggish trading and low interest rates, bankers hoping for richer payouts should prepare to be disappointed when bonus season gets underway next week. By most estimates, the pool of money set aside for Wall Street workers is expected […]

    / Jan 12, 2015 at 9:27 AM

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