Tag Archives: private jet


Hedge Fund CFO Says Boss Made Him Fall Guy

July 23, 2009 : Permalink

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 […]

‘Maverick’ Billionaire Tearfully Denies Any Wrongdoing to Cameras

April 8, 2009 : Permalink

New York (HedgeCo.Net) – R. Allen Stanford’s fate may be up in the air with a looming trial and the accusations of a major Ponzi scheme, but that didn’t stop him from opening up to ABC News cameras outside of […]

Obama Tackles Economy, Lending in Speech to Congress

February 25, 2009 : Permalink

New York (HedgeCo.Net) – Obama used his time in front of Congress last night to present a “blueprint for our future,” with a specialized focus on health care, education and energy.  But there was plenty of time for talk on […]

Hedge Fund Honchos Burned in Scam Start Fire Sale

February 9, 2009 : Permalink

New York Post – The founders of a New York hedge fund at the center of the Bernard Madoff scandal have begun selling assets as their firm faces massive losses and a slew of lawsuits, sources told The Post. Walter […]