Stories tagged with Hedge Fund
Silda Wall Spitzer becomes the family breadwinner
By A. James Memmott | December 3, 2008 at 11:00am | 0
Her husband out of a job, Silda Wall Spitzer has gone to work for a New York City hedge fund.
Is convicted hedge fund manager Samuel Israel dead or alive?
By A. James Memmott | June 14, 2008 at 7:35am | 3
Samuel Israel III spent years fooling people, so it’s no surprise that police, as well as former associates and investors, are having trouble believing the convicted hedge fund manager committed suicide Monday.
Bearish on Mr. Brooks
By Muckety | June 28, 2007 at 5:02pm | 0
Bear Stearns was under tremendous pressure on the weekend of June 17. Two hedge funds managed by the company were near collapse.
What did Richard Marin, chief of the asset management unit that oversees the funds, do? He went to the movies. Then he blogged about the film, Mr. Brooks. (Marin gave it a thumbs down.)
“I had been working 24-7 on this thing. Taking a small amount of time to clear my head seemed reasonable,” he told the New York Times.
Big payday for Blackstone founders
By Muckety | June 24, 2007 at 4:57pm | 0
The biggest beneficiaries of Blackstone Group’s public company debut last week were co-founders Stephen Schwarzman and Pete Peterson.
Schwarzman’s 24-percent stake in the investment firm is worth $7.7 billion and he could earn $677 million from the IPO, according to The New York Times. Peterson, who retains 4 percent ownership of the firm, earned $1.88 billion from the offering.
