Saturday, 20 September 2014
Last updated 20 hours ago
Feb 18 2011 | 3:14am ET
ROME—Brian Kim, the fugitive hedge fund manager charged this week with running a $4 million Ponzi scheme, may be on the lam in Italy.
The Liquid Capital Management founder disappeared last month, failing to appear at his trial on a separate fraud charge, that one for bilking his Manhattan condominium association out of $400,000. But the new tenants of Liquid’s former Manhattan offices said he’s been gone since well before December.
Now, the New York Post reports he may be in Italy, where a friend, Carol Ann Ransaw, lives.
Ransaw, a makeup artist who used to live in Manhattan, had been looking for Kim after he failed to call her over the holidays. But a cagey Ransaw told the Post on Wednesday, “everything’s fine. He’s fine.”
“He’s a really great person, that’s all I can say,” she added.
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.