Sunday, 28 December 2014
Last updated 5 hours ago
May 1 2007 | 1:50pm ET
Hakan Yalincak, the former New York University student whose primary extracurricular activity was running a hedge fund scam, says he needs more time before going to prison for a three-and-a-half year term. Why? Well, he says he may have suffered a stroke.
Yalincak asked a federal judge in New Haven, Conn., to grant him 30 more days before he reports to prison, currently scheduled for next week, according to the Associated Press. Apparently, an extra month should cure all that ails the 22-year-old, including droopy eye and the possible stroke.
In addition to prison time, Yalincak was ordered to pay more than $4 million in restitution last month.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.