Saturday, 25 October 2014
Last updated 1 day ago
Jun 30 2011 | 11:42am ET
Adding insult to injury, on the same day that President Barack Obama forcefully pushed for higher taxes on hedge fund managers, his friends in Hollywood have heaped their own indignity onto the alternative investments industry.
According to Deadline New York, Warner Bros. has acquired a pitch that will feature Will Ferrell as a narcissistic hedge fund manager, the latest movie to focus on the industry. In this case, Ferrell's hedge fund honcho thinks he has seen God.
The script for Swear to God will be written by Alan Cohen and Alan Freedland, who wrote the comedy Due Date and the television cartoons "King of the Hill" and "American Dad." Adam McKay, who frequently collaborates with Ferrell, is rumored to be the director.
Ferrell may have been doing some research for the role earlier this month, attending a dinner at Art Basel that featured none other than SAC Capital Advisors' Steven Cohen.
Whether the unrealistic premise—few if any hedge fund managers claim to have seen God, although more than a few might think they are God—will survive the possible Ferrell-Cohen tete-a-tete remains to be seen.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.