Saturday, 27 December 2014
Last updated 2 days ago
Sep 1 2011 | 11:36am ET
What's $7,000 to a hedge fund manager? Not much—and certainly a bargain to escape a stranded Vermont town.
With some 13 towns in the state cut off by flash flooding caused by Hurricane Irene this weekend, T3 Live's Scott Redler took matters into his own hands: He hired a helicopter.
Redler, T3's chief strategist, was in Pittsfield for a wedding. But the hurricane washed out all of the bridges leading to the town, so Redler got on the phone.
"I wasn't going to wait for the state or federal government," Redler told Bloomberg News as he waited for his ride. "I can't trust them, because I know I'm not a priority."
Redler was back at his home in New Jersey—a state also hit hard by flooding—by Tuesday afternoon. He told Bloomberg that his mother was running out of medicine.
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.