Lucchese, Bonanno, Gambino, Genovese, Colombo…Cohen?

by Staff Writer on May 22, 2013

Lucchese, Bonanno, Gambino, Genovese, Colombo…Cohen?Earlier today, the Wall Street Journal reported that federal prosecutors are considering charging SAC Capital as “a criminal enterprise, using a powerful legal tool employed against the mafia and drug gangs,” i.e. the Racketeer Influenced and Corrupt Organizations Act. The use of RICO would give the government considerably more time to make a case against SAC, as it means prosecutors could “file charges in connection with crimes committed over the past decade, as long as any act that is part of the alleged enterprise occurred within … Read More »

World’s Richest Hedge Fund Managers & Traders

by Staff Writer on May 22, 2013

World’s Richest Hedge Fund Managers & TradersCarl Icahn

Net worth: $20 billion
At 77, Icahn enjoyed another strong run in 2012, beating the U.S. stock market and most hedge fund managers. The investment pool he manages for himself and his employees returned more than 20% in 2012, thanks … Read More »

Goldman pushes hedge funds for your 401(k)

by Staff Writer on May 22, 2013

Goldman pushes hedge funds for your 401(k)Usually Wall Street waits for a bubble before it pushes an investment on average Joes.

So it’s certainly a change that the returns on the investment Wall Street is currently trying to sell to individual investors have stunk lately. Is that … 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 »

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