Thursday, 26 March 2015
Last updated 2 hours ago
May 29 2012 | 8:26am ET
At last week's Cannes Film Festival, much of the buzz surrounded a hedge fund manager.
Not a real hedge fund manager, of course, but the hedge fund manager played by "Twilight" heartthrob Robert Pattinson in "Cosmopolis." And much of the buzz might lead a real hedge fund manager to short the film, big time.
"Cosmopolis" debuted to decidedly mixed—to be generous—reviews at Cannes, where it competed for, but did not win, the prized Palme D'Or. It tracks a 28-year-old hedge fund billionaire—Pattinson—in his journey across Manhattan to get a haircut, featuring visits to his limo from his analysts, proctologist, art adviser/mistress, Wall Street protesters and a former employee.
The film was directed by David Cronenberg and based on a 2003 Don DeLillo novel of the same name.
"It's very easy to say that this character, Eric Packer, is a vampire or werewolf of Wall Street, but really that's fairly superficial," Cronenberg said, alluding to the films that made his star a megastar. "This is a real person with a history and a past, and the history and the past is not 'Twilight,' it is 'Cosmopolis.'"
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…