But when it comes to China, the world's second-largest economy, the probability of a full-blown crisis is apparently so remote that hardly anyone will buy an insurance policy against it, no matter how cheap.» Read More
After one week of testimony in the insider trading trial of Galleon Group co-founder Raj Rajaratnam, one thing is clearer than ever: In the brutally competitive world of hedge funds, information is everything. A jury will ultimately decide whether the information Rajaratnam got—and made millions trading with—was illegal inside information. But there is no disputing that he went to great lengths to get it.
A wiretapped telephone conversation played earlier this week during the trial of Galleon founder Raj Rajaratnam reveals then-Goldman Sachs director Rajat Gupta disclosing confidential board information to Rajaratnam in 2008.
Anthony Scaramucci says prominent hedge funds located in Japan are putting on this trade.
A taped conversation played for jurors in the criminal insider trading trial of hedge fund manager Raj Rajaratnam Tuesday indicated the Goldman Sachs board had a "divided" discussion in the summer of 2008 about trying to buy a commercial bank such as Wachovia.
Here's what you should be watching Wednesday, March 16.
There is another problem building, and some fear it could lead to a much more widespread crisis in financial assets.
Rajat K. Gupta, the former Goldman Sachs director accused by the government of passing insider information about the Wall Street firm, had tried to resign from the Goldman board in the middle of the 2008 financial crisis, only weeks before he is said to have provided the tips to the hedge fund manager Raj Rajaratnam, the New York Times reports.
Why this particular group is hot right now and how Cramer recommends trading it.
Fairfax Financial's lawsuit against hedge fund manager Daniel Loeb has just gotten uglier.
Mikhail Malyshev, the founder of hedge fund Teza Technologies and the former head of Citadel's high-frequency trading team, has been indicted for perjury, FinAlternatives reports.
The event took center stage at the annual Net Gain Tournament to benefit Youth I.N.C., a nonprofit consultancy founded by Goldman Sachs alum Steve Orr. The group aims to improve the sustainability of youth-targeted nonprofits.
Where’s the money-making opportunity? Anthony Scaramucci reveals his "Hedge Fund Trade of the Week."
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.
Mad Money host Jim Cramer provides traders with all manner of investing advice.
If you don't know who Victor Niederhoffer is you should. With that goal in mind, NetNet is going to begin following his blog, Daily Speculations , and providing regular commentary and links.
At least as noteworthy as what attorneys did say in two-and-a-half hours of opening statements in the Raj Rajaratnam insider trading trial is what they did not say.
Millions of people use Twitter to follow their friends, read the news and share information. A new hedge fund will soon use tweets to make investing decisions. Would you use Twitter for investment advice? Share your opinion.
Ralph Rosenberg, ex-Goldman Sachs and Eton Park partner has just been made the chief of global real- estate investing at KKR.
Carl C. Icahn is returning all outside money in his hedge fund, citing his reluctance to be responsible to investors through another possible crisis. The New York Times reports.
The battle has been joined—and the belligerents have hewn to precisely the war plan one would expect of each.
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Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Happy Wednesday. We now return to our regularly scheduled program of spring.
Major market averages may not have much further to fall before indicating that something considerably worse is in store.