NEW YORK, March 7- Famed oil bull Andy Hall's hedge fund rose nearly 8 percent in February in its biggest monthly gain in 2-1/ 2 years, boosted by a rally in crude oil that could help Occidental Petroleum's chances of selling its stake in the fund.» Read More
“He destroyed lives,” the former Big Idea host said. The fact that Bernie’s not yet in jail is “an abomination.”
Who among Bernie’s $50 billion worth of investors should get their money back? And what if some were in on the scam?
The embattled money manager claimed returns of as much as 12% a year. That's not what we found.
What does the future hold for the fastest money on the Street?
The most notable asset Relativity is acquiring is Rogue's library of about 30 films, which can be monetized though DVD sales, TV rights (on the likes of HBO), and now digital distribution. Rogue is known for what Hollywood calls "genre" films, horror films aimed at moviegoers 25 and under, made with a relatively low budget.
The regulator has no excuse for missing the alleged $50 billion fraud, Cramer says.
It's been a rough go for Red Sox owner John Henry, as the team winning championships in 2004 and 2007 might have been the only thing that kept him sane.
The investigations into Bernard L. Madoff are expanding into offshore tax havens, the New York Times reported.
U.S. Bankruptcy Judge Burton Lifland on Tuesday approved the transfer of $28.1 million to cover expenses tied to the liquidation of Bernard Madoff's investment firm.
IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equity and hedge fund firms in a complex deal partly financed by the federal government, the New York Times reports.
The direct effects are limited, but indirect effects could be large. In speaking with hedge fund investors and advisors over the past week, Madoff's investors appear to be overwhelmingly high net worth individuals in Europe and the U.S.
Rene-Thierry Magon de la Villehuchet, a founder of the hedge fund Access International Advisors, was found dead in his office in Manhattan, the New York Times reports.
Since Bernard Madoff was arrested in connection with a $50 billion Ponzi scheme, the Fairfield Greenwich Group has portrayed itself as an another unwitting victim of the fraud. But for Fairfield, working with Mr. Madoff was hugely profitable, the New York Times reports.
Only the most sophisticated investors banked with Bernie. But they seemed to forget the most basic of rules.
We had been camped out here at the federal courthouse for two days now waiting for Bernie Madoff before we got a shot of him.
Securities and Exchange Commission Chairman Christopher Cox has asked the agency's inspector general to investigate the SEC's conduct with regard to the alleged Ponzi-scheme linked to money manager Bernard Madoff, CNBC has learned.
One of the greatest sports business stories of the year was Big Brown and the horse’s quest to win the Triple Crown. It was the perfect story for me. Owners in the financial world, hoping to start a hedge fund, have a horse that’s one race away from history.
Plus, Cramer talks Ken Heebner, shipping stocks and more.
Many of those who say they were victimized by long-time investor Bernard Madoff's alleged "Ponzi" scam are up in arms that the Securities and Exchange Commission, Wall Street's top cop, didn't crack down on his activities sooner.
Find out why hedge fund manager Karen Finerman thinks the alleged Madoff Ponzi scam could have severe consequences for a long time to come!
Friday's nonfarm payrolls report easily beat Wall Street expectations but may not be quite what Wall Street wanted.
China has experienced its first debt default in years, and that might be the best thing that's happened to its market.
The SEC issued a warning about the rapidly growing segment of mutual funds, liquid alternatives.