Tuesday, 2 September 2014
Last updated 8 hours ago
May 20 2011 | 1:13pm ET
Hedge fund Pacificor can no longer count on Arnold Schwarzenegger's return in the title role of the Terminator in the franchise's fifth film.
The former California governor has told his agents that he won't be making his much-ballyhooed return to Hollywood anytime soon in the wake of his revelation that he had a long-time affair—and a child—with his family's former housekeeper. Schwarzenegger's wife, Kennedy heiress and former TV anchor Maria Shriver, wasted no time after getting the news in hiring a divorce lawyer.
The news comes less than a week after Pacificor, which bought the rights to the Terminator franchise last year, sold them to Annapura Pictures for a reported $20 million. Schwarzenegger had reportedly signed on to star in the next film, which is being led by producer Robert Cort and director Justin Lin.
It is unclear whether Annapura and Pacificor will move forward with plans for the fifth movie without Schwarzenegger.
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…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...