Tuesday, 29 July 2014
Last updated 42 min ago
Jul 12 2011 | 12:31pm ET
David Einhorn won't be winning any kind of World Series this year.
The Greenlight Capital founder, who is in talks to buy a minority stake in baseball's New York Mets—a longshot if there ever was one to win the sport's World Series—was eliminated from the World Series of Poker in Las Vegas yesterday. Einhorn came in 18th in the event five years ago.
The hedge fund manager was among the 4,521 of the 75,672 entrants to survive the first day of the event, which has a $10,000 buy-in. But despite ending day one with 94,400 chips—better than twice as many as the average survivor—Einhorn's WSOP ended, along with those of about 1,200 others, including defending champion Jonathan Duhamel.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…