Wednesday, 30 July 2014
Last updated 1 hour ago
Nov 1 2010 | 11:30am ET
In addition to his Christmas lightshow spectacular, hedge fund honcho Paul Tudor Jones has opened his Greenwich, Conn., mansion to the region's children each Halloween. Until this one.
There were no treats at the Tudor Investment Corp. founder's waterfront home this year, nor any haunted house atmosphere featuring live snakes and spiders. Belle Haven, the gated community in which Jones' home is situated, shut those gates for Halloween, whereas in previous years it had welcomed outsiders.
"Due to safety and security concerns of the neighborhood, on Oct. 31, 2010, Halloween, only Belle Haven residents, guests of residents, members of the Belle Haven Club and guests of Belle Haven Club members shall be permitted to enter Bellehaven," the community's management company, Belle Haven Land Company, said in a letter to the 106 families who live in the neighborhood. The letter also said that the Jones' party was cancelled.
It is unclear whether the Joneses played a role in pulling the plug, or if their party fell victim to a decision that was out of their hands. According to Frank Creamer, manager of the Land Company, the company's board made the decision.
"Halloween's okay for the kids, but I guess the board felt they didn’t want large crowds in here anymore," he told The New York Times. "It's an exclusive community."
What remains unclear is if Belle Haven will also shut its gates on Christmas, an even bigger deal at the Jones residence.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…