Monday, 22 September 2014
Last updated 7 hours ago
Mar 22 2012 | 12:24pm ET
Paul Dalio is a lucky man. The son of one of the world's richest and most successful hedge fund managers—and a scion of the Vanderbilt and Whitney families through his mother—the young filmmaker made his first feature-length movie last year, and married its director and star. And for his second film, Ray Dalio's son is getting some big-time help.
Legendary director Spike Lee has signed on a producer of Dalio's Mania Days, a movie about the relationship between two manic depressives, one a rapper and the other a poet. Lee rarely gets involved in a hands-on way with movies other than his own, but has awarded that honor to Dalio, a fellow graduate of New York University's film program.
While trumpeting Lee's involvement, Mania Days' production sheet didn't mention financing. It also didn't mention that its writer-director's father made $3 billion last year.
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.