Stacey Vanek Smith
Mar 29, 2013 What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
Jan 17, 2013 According to a report by consulting firm Rothstein Kass, hedge funds managed by women have been outperforming those run by their male counterparts.
Dec 27, 2012 Some cities with high foreclosure rates actually have housing shortages now, not a glut of foreclosed houses on the market. President Obama's mortgage-relief plan has helped, but another factor is hedge funds investing in houses to rent out.
Nov 29, 2012 Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?
Nov 23, 2012 Argentina is probably not feeling very thankful this morning. It's still digesting a U.S. court ruling involving a decade-long debt fight.
Nov 21, 2012 U.S. prosecutors have filed their biggest-ever case of insider trading. The allegation: SAC Capital Advisors, a hedge fund, got early warning about the failure of an Alzheimer's drug in clinical trials. That info let the fund sell its holdings in the companies behind the drug, and reap $276 million.
Sep 11, 2012 Super donor Robert Mercer is bankrolling a new super PAC trying to oust Rep. Tim Bishop, D-N.Y., in his home district
Jan 24, 2012 "If all the money that's ever been invested in hedge funds had been put in Treasury bills instead, the results would have been twice as good," says Simon Lack. Oops.
Jan 18, 2012 To date more than 60 people have been arrested for schemes and illegal trades as part of the Fed's so-called "Operation Perfect Hedge"
Mar 8, 2011 In a federal court in New York tomorrow, jury selection begins for the high-profile insider-trading trial of Raj Rajaratnam. He is a hedge-fund b...