Tag Archives: scapegoat


Hedge Fund CFO Says Boss Made Him Fall Guy

Courthouse News Service – The founder and general partner of a $5 billion hedge fund used the company’s CFO as a scapegoat when investors found out he used their money to buy a private Gulfstream jet, the former CFO claims […]

Craigslist: Fall Guy For Your Hedge Fund

The Consumerist – Humor – If you need a scapegoat for your financial ponzi scheme, there’s a guy on Craigslist who’s looking for a job: Is your hedge fund in dire financial straits? Are you totally screwed and now realizing […]

Hedge fund Steel Partners seeks to dismiss Icahn suit

Reuters – Steel Partners this week asked a Delaware court to dismiss a lawsuit filed against the hedge fund firm by billionaire investor Carl Icahn, saying he is "looking for a scapegoat" for investment losses that happened as the financial […]

Airlines try to hedge against soaring fuel costs

Daily Herald- The computer screen on Scott Topping’s desk at Southwest Airlines flickered with row after row of dates and numbers, but they had nothing to do with arrivals and departures. They tracked the price of oil futures for the […]