Tag Archives: previous-years


Pandora Media Founder Sees Company’s First Profit Next Year

Bloomberg – Pandora Media Inc., the free online- radio service that generates playlists based on users’ musical preferences, aims to be profitable next year for the first time since the company started in 2000, founder Tim Westergren said. Revenue may […]

Hedge-Fund Pay May Fall 25% in 2009 as Fees Evaporate

Bloomberg – Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year’s investment losses. The decline will cut hedge-fund paychecks to about half the record levels of 2007, […]

Ko, former Bear trader, launches hedge fund

Reuters- Melissa Ko, a former star trader at Bear Stearns, has formed a new hedge fund called Covepoint Capital with nearly $1 billion in assets, according to a letter the firm sent to investors on Monday. Ko ran Bear’s Emerging […]

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