Sunday, 21 September 2014
Last updated 1 day ago
Sep 7 2010 | 8:23am ET
Former hedge fund lawyer Reshma Saujani has won a boost in her battle to oust a veteran congresswoman.
Saujani, who worked for Fortress Investment Group before resigning to run for Congress, was endorsed in the Democratic primary for New York’s 14th Congressional District by the New York Daily News. The tabloid praised Saujani’s “vigor” and “impressively clear stands” and lauds her for “ruling out destructive demonization of Wall Street.”
Saujani is seeking to oust Rep. Carolyn Maloney, who has represented the 14th district—which covers Manhattan’s East Side and parts of Queens—for 18 years. And while Saujani failed to win the endorsement of The New York Times in next week’s primary—the Gray Lady stuck with Maloney—even that paper had kind words for her, calling Saujani “an impressive and energetic young lawyer.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.