Tuesday, 30 September 2014
Last updated 3 hours ago
Jul 30 2013 | 10:06am ET
The former top lawyer at Bridgewater Associates is now the top man at the Federal Bureau of Investigation.
The U.S. Senate yesterday confirmed James Comey as director of the FBI, after Sen. Rand Paul (R-Ky.) lifted the hold he had placed on Comey's nomination. Paul said he allowed a vote only after the FBI had answered his questions about domestic use of drones.
Paul still voted against Comey's nomination, but he did so alone: Comey, who left Bridgewater in January and had been teaching at Columbia Law School, was confirmed by a vote of 93 to one.
"It is a shame that such an important and highly-qualified nominee to lead the FBI had to wait an unprecedented 38 days to be confirmed, but I am glad that senators finally came together to ensure that the FBI has a confirmed leader at the helm," Sen. Patrick Leahy (D-Vt.), head of the Senate Judiciary Committee, said.
Comey succeeds Robert Mueller, who has led the FBI for 12 years.
A Republican, Comey made his name when he refused to reauthorize the National Security Agency's domestic wiretapping program as a top official in President George W. Bush's Justice Department.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...