Saturday, 20 September 2014
Last updated 11 hours ago
Sep 7 2011 | 10:58am ET
Citadel Investment Group founder Kenneth Griffin and his wife are among a group of big donors to conservative causes favored by the controversial billionaire Koch brothers.
Griffin and Anne Dias Griffin, who raised money for both President Barack Obama and Sen. John McCain (R-Ariz.) during the 2008 presidential election campaign, have given more than $1 million to the Kochs' causes, Mother Jones reports.
Charles Koch thanked the Griffins and others who gave more than $1 billion during the Kochs' biannual retreat for donors in Vail, Colo., in June. Mother Jones obtained audio recordings of the seminar.
Among the other alternative investments players named were John Childs of private equity firm JW Childs Associates. Paul Singer of Elliott Management, a well-known Republican donor, was not, but The New York Times last year reported that "Annie Dickerson, who also runs a foundation for Paul Singer," has attended the Koch seminars.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.