Senator Rand Paul of Kentucky has appointed Mark Spitznagel, the hedge fund manager, as a senior economic adviser as he seeks the Republican presidential nomination...In addition to limiting the role of the government in the markets, Mr. Spitznagel has had other ideas on how to bolster the economy. Last year, he brought 18 goats to a blighted neighborhood in Detroit to help clean it up. Part of his plan was to employ local residents to take care of the goats, which he hoped to increase to 60 in total. But the plan was thwarted by city officials who argued local laws prohibited animals from grazing on city property. Within 48 hours the goats were back on a truck, destined for the butcher. [Dealbook, earlier]
Hedge Fund Manager Who Spent Investor Funds On Prized Teddy Bear Collection Gets Five Years Lopped Off Sentence
Teddy-loving Paul Greenwood will be home sooner than he and his beloved stuffed animals thought.
Area Hedge Fund Manager: Leave Harry Alone!
As you may have heard, earlier this week the lovable scamp that is Prince Harry of Wales got in a bit of hot water when he was photographed ass naked in Las Vegas, with a bunch of equally ass naked ladies, following some sort of swim meet with Olympic gold medalist Ryan Lochte. Those photographs, some of which involved a billiards table and pool cues, were subsequently run on the covers of various newspapers and the Queen, being none too pleased, told her grandson to get on the first flight back to London (apparently in a tone so scary he knew she meant business and "did not mingle with other passengers," instead remaining "in the upstairs cabin of the 747" to think about what he'd done). While it's unclear what kind of punishment the Queen has in mind, or if she's yet delivered the sort of tongue lashing generally reserved for naughty Corgis and her subjects at RBS, in the meantime many have come to the prince's defense and advised the old lady to back off, like the hedge fund manager the Times found on the tube who thinks the Queen should relax and have a good laugh about it. She'd be doing the same thing if Prince Philip ever gave her a weekend off. Among people surveyed at random in central London, including subway commuters reading about the Las Vegas incident on the front page of the tabloid the Evening Standard, the verdict was mostly thumbs-up. “I think it’s quite funny,” said John Daniels, 46, a hedge fund manager. “I’m sure most people would like to be doing exactly the same thing, especially in Vegas. This is his own private time and people shouldn’t be taking photographs of him.” For Prince Harry, Vegas Exploits Didn't Stay There [NYT]