Hedge Funds

Who doesn’t want to get paid $1.2 billion en route to losing $4 billion?

For his part, David Shaw just kicked back and enjoyed the fruits of a successful transition in style.

Sure, it settled the exact same allegations in the U.S. last year, but it’ll be damned if it has to do so again in the U.K. this one.

It also doesn’t care how big a pain-in-the-ass that might be for hedge funds.

You have to be formally in the game to play it.

This is not the kind of thing judges like to learn about after the fact.

Turns out British judges are real sticklers for evidence backing allegations.

In fact, they think maybe he should just throw the whole idea on the fire.

Anything to feel alive.

Merrick Garland’s go-getters go after their helpers.

Ken Griffin is ready to show the retiring Secret Service officer some real tough times.

This seems, at best, a questionable strategy for a person trying to demonstrate he’s not illegally screwing over his creditors.

Michael Steinhardt’s shelves and free time are a bit barren today.

An eight-year-long tax-avoidance infatuation may be coming to an end.

Collecting the low-hanging fruit of fraud is, after all, the SEC’s favorite activity, even when it doesn’t involve the worst president in American history.

Different debt, same outcome.

To say nothing of giving him any of their money to lose.

On the bright side, he didn’t say “hell is coming” this time.