Anthony Chiasson Learns That $68 Million Gets You 6 1/2 Years

by Staff Writer on May 20, 2013

Anthony Chiasson Learns That $68 Million Gets You 6 1/2 YearsAnthony Chiasson, the co-founder of the hedge fund Level Global Investors, was sentenced to 6.5 years in prison today for illegal trading in two tech stocks. The government had requested a sentence of 8 to 10 years, based on sentencing guidelines, arguing that Chiasson was responsible for more than $68 million in illegal profits to Level Global. In just one series of trades in 2008, Chiasson and his co-conspirators made $53 million … Read More »

Hedge Fund Titans Vs. The Fed Comes Down To Money Hoarding Vs. Reserve Hoarding

by Staff Writer on May 20, 2013

Hedge Fund Titans Vs. The Fed Comes Down To Money Hoarding Vs. Reserve HoardingJesse Eisinger, in a provocative article in today’s New York Times, summarizes an argument on Fed policy between hedge fund managers and economists. “After several such … Read More »

Meet One Of The Youngest And Brightest Hedge Fund Analysts That Isn’t On Wall Street

by Staff Writer on May 20, 2013

Meet One Of The Youngest And Brightest Hedge Fund Analysts That Isn't On Wall Street22-year-old Alex Bosset is not your typical college student. A finance major at the University of Minnesota, he was recently ranked among the top … Read More »

Danielle Chiesi Is Back

by Staff Writer on May 20, 2013

Danielle Chiesi Is BackFor many people, prison is a terrible place that breaks their spirit and turns them into a shell of the person they once were. They grow bitter. They harden. Their looks take a hit. Two people for whom time in a correctional facility actually seems to … Read More »

Criminal Charges Weighed Against SAC

by Staff Writer on May 20, 2013

Criminal Charges Weighed Against SACU.S. prosecutors are considering possible criminal charges against SAC Capital Advisors LP as a result of the government’s insider-trading investigation of the hedge-fund firm, according to people familiar with the matter.

The move came before the company told clients Friday that it will no longer … Read More »

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