Tuesday, 21 October 2014
Last updated 4 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...