The Hedge Funds Weblog
Seen that? – Hedge Fund Managers Wine Collecting Club
Hedge Fund Managers Wine Collecting Club The Hedge Funds Weblog
A recently published book, "Keys to the Cellar: Strategies and Secrets of Wine Collecting" by Peter Meltzer has become popular among hedge fund managers and other investment bankers who like to collect high priced vintages. For instance, a case of Mouton-Rothschild 1982 cost about $400 (or $33 a bottle) when it was first available for sale. At a recent Sotheby's auction, 50 cases of the wine were sold for $1.05 million [...] Read More
The five highest paid hedge fund managers of 2007 The Hedge Funds Weblog
(Kadinho) Villela John Paulson $3.7 billion George Soros $2.9 billion James Simons $2.8 billion Philip Falcone $1.7 billion Ken Griffin $1.5 billion [...] Read More
Hedge Fund Managers Indicted The Hedge Funds Weblog
Five individuals who defrauded hedge fund investors of more than $200 million dollars have been indicted on charges of conspiracy and wire fraud, according to an FBI release. Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney R. Alexander Acosta of the Southern District of Florida named the hedge fund managers in the indictment as Michael Lauer, Martin Garvey, and Eric Hauser, co-owners of management companies which [...] Read More
Hedge fund bonanza Sox First
How much do hedge fund managers make? A lot more than ordinary folk.According to a new study, the top 20 private equity and hedge fund managers pocketed an average $657.5 million, or 22,255 times the pay of an average US worker. The top four each pocketed over $1 billion.According to the Institute for Policy Studies and United for a Fair Economy study, chief executives made 364 times the pay of [...] Read More
The hedge fund, the stripper and the missing millions Sox First
There are some real doozies around but this one is too good to ignore.In Canada, a hedge fund manager Paul Eustace made the wrong call on US interest rates, lied to investors, lost $208-million, stole about $2 million of client cash, cheated on his wife with a stripper for years and used investor money to give that stripper $1-million worth of gifts including breast augmentation surgery. Now with a few [...] Read More
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