Thursday, 18 September 2014
Last updated 5 hours ago
Oct 6 2011 | 1:04pm ET by Deirdre Brennan
Can someone tell me why the occupation of "hedge fund manager" seems to be so popular among former strippers, madams and social climbing spies?
Just today we have stripper-turned-hedge-fund-manager Niki Marx suing her former employer for harassment.
Then there was Elliot Spitzer’s favorite madam, hedge-fund-executive-turned-prostitution-maven Kristin Davis.
And remember the deported Russian spy, Anna Chapman? She was a former personal assistant to a London-based hedge fund manager...ok, not exactly a manager, but when arrested she said she had been in the hedge fund industry.
Alas, it’s a free country, so these gals may call themselves 'hedge fund managers' or 'hedge fund professionals' or whatever they like. Oh, and should you be thinking of investing with the latest hedge fund hottie who claims that Marx NY Capital is up 160% year-to-date, note that on a recent Facebook post Miss Marx mentioned that she may need some illegal substances to ease the stress of the turbulent markets. As my colleague Jon said to me, ‘she should put that in her marketing documents.’
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.