Friday, 26 December 2014
Last updated 2 days ago
Nov 8 2013 | 10:36am ET
Harbinger Capital Management founder Philip Falcone's wife has been cleared of drunk-driving charges.
Lisa Marie Falcone was arrested last September in Bridgehampton, N.Y., after crashing her Mercedes SUV. She admitted to the police that she had had a drink and had taken a prescription painkiller, and was taken into custody even after passing a Breathalyzer test.
With toxicology reports showing only a small amount of alcohol and trace amounts of drugs in her system, the Suffolk County District Attorney's office has elected not to take the case any further. Falcone was also cited for driving with an expired license, but paid a desk ticket for that infraction.
"She is relieved because she wasn't drinking and driving," a source told the New York Post. "Lisa spent six hours in a cell, even though she passed the Breathalyzer test. Phil making a huge scene really didn't help matters."
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.