Tag Archives: new-york-university
N.Y. judge restrains Merkin funds in Madoff lawsuit
Boston Globe – A judge extended an order on Tuesday barring hedge fund founder Ezra Merkin from shutting down funds that had invested with accused swindler Bernard Madoff or withdrawing money from them. New York State Supreme Court Justice Richard […]
NYU Granted Extension Amidst Madoff Losses
New York (HedgeCo.Net) – New York University scored a victory yesterday, when they won a court order that sought an extension on a temporary ban that would halt J. Ezra Merkin from making any more transfers with the school’s funds. […]
NYU Latest Victim in Madoff Debacle
New York (HedgeCo.Net) – New York University is the latest victim in Bernard Madoff’s web of lies, claiming it lost $24 million in a fund of fund that invested with the infamous Ponzi schemer. According to a complaint filed Christmas […]
Buffetted `Quants` Are Still In Demand
Javno – Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the financial collapse and charged with preventing it happening again. Many of these so-called […]
Big-name investors, CEOs and hedge funds don’t escape market storm, posting big losses
NewsDay – Here’s something that might provide a bit of solace amid the plunging values in your retirement accounts: Warren Buffett is losing lots of money, too. So are Kirk Kerkorian, Carl Icahn and Sumner Redstone. They are still plenty […]
NY hedge fund swindler going to medical facility
Newsday – A federal judge has ordered a detailed physical and mental health evaluation for hedge-fund swindler Samuel Israel III before deciding whether he’s competent to plead guilty for skipping out on prison. Judge Kenneth Karas accepted a joint recommendation […]
Court lets NJ invest pension money in hedge funds
Newsday – A state appeals court has allowed New Jersey to move ahead with a plan to invest some state pension money into hedge funds. The court ruled Friday, rejecting a challenge by the Communications Workers of America and the […]
Hedge Fund Harbinger Buys Nearly 5% of Cablevision
West Palm Beach (HedgeCo.net) – Harbinger Capital Management, an activist hedge fund, has accumulated a 4.9% stake in Cablevision Systems Corp, according to The Wall Street Journal. In a regulatory filing, Harbinger said that it had bought 11.45 million of […]
