Hedge fund billionaire John Paulson netted $1.3 billion on an M&A deal, and Carl Icahn and Bill Ackman are "trading places" on Herbalife, reports CNBC's Kate Kelly.» Read More
Hedge fund managers are preparing to enter the second half of the year with plenty to be bearish about – and not much, it seems, to make money from. The FT reports.
CNBC's Herb Greenberg reports John Paulson sold his entire stake in the Chinese company due to uncertainty over its public disclosures and financial statements.
The “Norma” deal that the SEC is investigating was one of several complex transactions that became known under one name, “The Magnetar Trade.” To many in finance, it is still considered one of the most elegant trades in recent memory.
Discussing the snapping up of Lehman Brother's distressed debt, with Kyle Bass, Hayman Capital Partners.
The strongest case for investing in municipal bonds turns on claims of expertise. Unfortunately, there’s little reason to be confident in these claims of expertise and strong reasons to be skeptical.