Hedge Funds
Ex-Citadel COVID Scammer’s Lockdown Extended By Four Years
And relocated to bucolic, barbed-wired surroundings.
Pension Funds More Than Happy To Spend A Few Basis Points To Know A Bit More About Their Hedge, Private Equity Funds
And for all of their much-vaunted power, it seems they’ll need the SEC’s help to do so.
Always Have A Better Plan B Than Asking To Go To The Bathroom And Just Not Coming Back
Because the SEC and Justice Department? Yea, they’re gonna come back.
Allianz Admits To Some Light Securities Fraud
Of course all agree that the real bad guys were the Allianz employees Allianz singularly failed to supervise.
Credit Suisse’s Risk Department Every Bit As Weak, Bullied As Credit Suisse’s Actions Suggest
Despite earlier reassurances to the contrary, where there’s this much smoke, there is a raging risk and compliance fire.
Inflation Forcing Hedge Fund Manager’s Wife To Iron Own Clothes, Use More Cabs, Shop At Farmers’ Market
Well, inflation and a lavish renovation of her new house.
Hedge Fund Exec Knocked Up Employee, Allegedly Took Her On A Nice Vacation On The Company’s Dime, Still Wants Huge Severance Package
And there’s also more about his package.
Bonus Watch ’22: You Didn’t Spend All Of Your 2021 Windfall Already, Did You?
Because this years’ is gonna be a lot more modest, and feel even more so.
Ripping Off Your Fellow Creditors Disqualifies You From Bankruptcy Committees And Maybe From Running A Hedge Fund, But Not From Being A Lawyer
Six months’ suspension for six months in jail, apparently.
Bill Hwang’s Bullets Eventually Ricocheted On Him
But the Archegos chief believed in himself until the very end.
Bankruptcy Judge Not Inclined To Give Guy Lying About Being Broke For Years The Benefit Of The Doubt
Dov Charney’s courtroom calamities continue.
Prosecutors Pretty Sure You Can’t Lose Your Banks $10 Billion Legally
Which is bad news for Bill Hwang and the Archegos crew.
Gabe Plotkin Backtracking On Fee Reset Faster Than He’s Losing Money
Actually, yea, that was a really stupid idea. Totally. Just, like, forget about it and stuff.
Gabe Plotkin Wants A Mulligan
And he’d like the people half of whose money he’s lost to pay for it.
You Say ‘Terrible Error In Judgment,’ Prosecutors Say ‘Ripped Off Investors For More Than A Decade’
The judge says: “12 years in jail.”
Bonus Watch ’21: Up-And-Coming Local D.J.s
David Solomon better hope Lollapalooza pays well if Glass Lewis gets its way.
Morgan Stanley Plumping For All The Little Archegoses Out There
The House of Gorman wants to be the home of the family office.
Judge Wants Sears To Die Before He Does
Preferably, before he retires this summer, even.
Crispin Odey, Gabe Plotkin Going In Very Different Directions
Investors with either of them are still in the red, but only one is still stockpiling scarlet ink.
Ken Griffin Would Have Handled This Whole Russia Thing Differently
But thanks for the soccer team, he guesses.
Carl Icahn Takes His Bacon Battle To The Supermarket Aisle
And now that he’s looking at Kroger, he sees something else he doesn’t like.
Bill Ackman To Stop Doing Thing He Hasn’t Done In Years
You won’t be seeing any future Herbalife-like crusades from Pershing Square anymore.
Justice Department Maybe Wondering Whether 45% Returns Might Not Be The Proof It Needs That Short-Selling Is Insider Trading
And it’s not afraid to go to Canada to find it.