Wednesday, 1 October 2014
Last updated 12 hours ago
Feb 24 2010 | 2:14am ET
A police officer who ran over a hedge fund analyst and his girlfriend last year was sentenced to up to 10-and-a-half years in prison.
Martin Abreu pleaded guilty to aggravated vehicular manslaughter last year. The Jersey City, N.J., cop hit Dennis Loffredo and his girlfriend, Marilyn Feng, last February in Manhattan’s Financial District. Feng, a lawyer, died at the scene, while Loffredo suffered leg and head injuries. Both were 26 at the time.
Abreu’s blood-alcohol level was well above the legal limit.
Abreu was sentenced to three-and-a-half to 10-and-a-half years. He is eligible for parole after three-and-a-half years.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...