Tag Archives: nine-months
AIG Gains From Hedge Fund Rebound After $2 Billion of Losses
Bloomberg – American International Group Inc., the insurer bailed out by the U.S., benefited from hedge funds for the first time in a year as the company returned to profitability in the second quarter. AIG earned $121 million from hedge […]
Charity sues Highland Capital for more than $1.8 million
Dallas Morning News – An Amarillo charitable foundation is suing Dallas-based Highland Capital Management LP to recover more than $1.8 million from a Highland hedge fund that was shut down in October after heavy losses. The Mary E. Bivins Foundation, […]
Burning hedges blow smoke on Busson
The Australian – ARPAD Busson is angry. He has just looked at the returns of a hedge fund he used to invest in and they’re down more than 60 per cent in the past nine months. "That a-hole!" Busson says […]
Uma Thurman No Help to Arpad Busson in Madoff Fraud’s Nightmare
Bloomberg – Arpad Busson is angry. He’s just looked at the latest returns of a hedge fund he used to invest in; it’s down more than 60 percent in the past nine months. “That a-hole!” Busson says of the New […]
Hedge funds look to sublease office space
Greenwich Time – Some hedge funds in the region are looking to sublease their office space as they downsize or shut down in the lagging economy. John Goodkind, managing principal of Greenwich-based commercial real estate firm Newmark Knight Frank, said […]
Hedge Funds Changing Investment Tack
Seeking Alpha – Sailors out there will know that boats can sail down with the wind – like a leaf being blown across the water – or into the wind at an angle, zigzagging back and forth along the way. Sailing downwind is easier […]
