hedge fund managers

… [John Paulson] is wading into a local housing controversy and arguing that a large-scale home proposed for a small-scale historic neighborhood on Hill Street in Southampton poses a “threat to our character” and the “peace and tranquility that makes our village what it is.” Mr. Paulson is one of some 85 area homeowners who penned letters to a local village review board. They object variously to the size, scale, scope and “visual incompatibility” of a speculative home planned on a vacant lot in an area where nearly a dozen nearby residences are more than a century old and roughly half or a third the size. The letter writers—socialites, financiers, artists, developers and the scions of a president and a governor—are opposing current plans for the 5,531-square-foot, single-family home on a 1.2-acre parcel being developed by Joe Farrell, a Hamptons builder whom critics have dubbed the “King of McMansions.” [WSJ via BI, related]

The activist investor won’t beat you up like he did to the kids back in Queens, sayeth eBay CEO John Donahoe. Read more »

  • 04 Apr 2014 at 2:20 PM

Dan Loeb Only Has Two Problems With Sotheby’s

Ahead of the company’s annual meeting on May 6, he would like to remind shareholders what those two problems are: 1. He (still) thinks management sucks and 2. In Loeb’s opinion, Team Sotheby’s knows dick about selling art. Read more »

  • 28 Mar 2014 at 12:57 PM

Ben Bernanke No Cheap Date

Sure, he’ll accept your dinner invitation. But it’s gonna cost ya. The former Fed Chair doesn’t get out of bed/attend speaking engagements, pan roasted truffled squab or not, for less than a quarter mill. Read more »

  • 24 Mar 2014 at 5:12 PM

CSI: Greenlight Capital

David Einhorn has watched enough criminal procedurals to do a little gumshoeing himself. Read more »

  • 04 Mar 2014 at 3:42 PM

Bill Ackman Doing Alright For Himself This Year

No one has made Herbalife “disappear” yet, as he recently requested, but Pershing was up 11.7 percent through February, and that’s something worth celebrating. Not crying tears of joy over, but raising a glass to, nonetheless. You want wet, raw, uncontrollable displays of emotion, you’re going to need to take Herbalife out in the middle of the night. Read more »

  • 19 Feb 2014 at 6:03 PM

Tiger Mom Shows Cubs How It’s Done


[via @ldelevingne]