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Today is Wednesday, February 22, 2012 at 
- Countdown to Market Close:

New York (HedgeCo.net) – Sundance 12 kicked off over the weekend with the new hedge fund movie Arbitrage playing on day 3 of the festival.

The movie depicts a hedge fund magnate under investigation, desperate to complete the sale of his trading empire to a major bank before his double-dealings are revealed.

Vulture reports:

“An ultra-rich hedge fund magnate (Richard Gere) is trying desperately to cover up some financial misdeeds … and then boom: He accidentally kills his mistress in a car crash. Now he’s got to cover that up, too, and all the while, his wife (Susan Sarandon), daughter (Brit Marling), and a relentless detective (Tim Roth) are closing in on the truth.”

The film is written and directed by Nicholas Jarecki and produced by Infinity Media. The New York Post’s Lou Lumenick called Gere’s performance the best of his career.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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