Saturday, 20 September 2014
Last updated 23 hours ago
Jan 30 2013 | 1:19pm ET
Paul Singer is no fan of Federal Reserve Chairman Ben Bernanke.
At a panel at Morgan Stanley's hedge fund conference in Palm Beach, Fla., yesterday, Discovery Capital Management's Rob Citrone, Goldman Sachs Investment Partners' Ken Ebberts, Fortress Investment Group's Michael Novogratz, Vinik Asset Management's Jeffrey Vinik and the Elliott Management chief were asked to grade Bernanke's performance at the Fed. Four of the panelists gave the Fed chief an "A" or "B."
Singer gave Bernanke a "D," Absolute Return reports.
It is unclear why Singer was so hard on Bernanke; reporters are not allowed at the conference, and AR's Lawrence Delevingne is instead relying on reports from those at the conference.
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.