Sunday, 26 April 2015
Last updated 1 day ago
Oct 21 2011 | 9:47am ET
Hedge fund billionaire John Paulson told a panel at an industry conference he “hasn’t been getting a whole lot of sleep lately,” reports the Wall Street Journal.
A participant at the Managed Funds Association conference, which was closed to media, told the paper that the Paulson & Co founder said he didn’t like losing money—something he’s been doing for much of this year. Paulson’s flagship fund is down 47% this year and in a phone call with investors earlier this month the money manager, who made his reputation betting against subprime mortgages, admitted to making “mistakes.”
The WSJ says Paulson was relatively quiet during the panel discussion with fellow fund managers Paul Singer and Eric Mindich, entitled “Challenges, Opportunities and What Keeps You Up at Night?”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…