Hedge Fund Manager To Get Paid, Thanks To Judge

Aug 15 2007 | 7:42am ET

A promise is a promise, especially if a judge doesn’t think you are credible.

A Minnesota judge has ordered hedge fund Southway Partners to pay a former portfolio manager $1.83 million in unpaid bonuses plus interest, in spite of the fact that the manager, Paul Bottum, had no written agreement specifying the arrangement.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…