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Posts Tagged ‘paradigm’

Tales From the Hedge Fund Crypt

Thursday, May 14, 2009 : Permalink

Reuters – What is it about siblings and the White House? Jimmy Carter had Billy, Hillary Clinton had Hugh Rodham, and George W. had Neil Bush. If Abel got elected president, it’s a near-certainty that Cain would have skipped the fratricide and instead built a nice little business trading off his brother’s name.

The family saga that’s gotten the blogosphere riled up in recent days doesn’t have to do with the president. It’s the vice president’s brother—Jim Biden—and his son, R. Hunter Biden, who’ve been drawing attention, thanks to a midsized, New York-based money-management firm they bought control of in 2006 called Paradigm Global Advisers.

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Charming’s CEO Bern Squeezed Out By Funds

Thursday, July 10, 2008 : Permalink

New York Post- Women’s clothier Charming Shoppes booted CEO Dorrit J. Bern less than two weeks after a pair of dissident hedge funds officially secured seats on the board.

Board-level talks to oust Bern, who’s eligible to earn up to $10.5 million in severance, kicked off June 26, hours after representatives from hedge funds Crescendo Partners and Myca Partners were officially sworn in as directors, The Post has learned.

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