Monday, 22 September 2014
Last updated 30 sec ago
Mar 28 2014 | 9:01am ET
Le Bernardin is an expensive place to eat—and even more so if you'd like Ben Bernanke to join you.
The former Federal Reserve is set to dine with eight Wall Street heavyweights in New York on Wednesday. Among the group will be Moore Capital Management's Louis Bacon, Greenlight Capital's David Einhorn, Fortress Investment Group's Michael Novogratz and Glenview Capital Partners' Larry Robbins.
Bernanke will discuss the financial crisis, monetary policy and the state of affairs in Washington, D.C., at the dinner, which was set up by brokerage BTIG, the New York Post reports. And, in addition to a meal which runs in the hundreds of dollars per person, Bernanke is expected to be paid about $250,000 for his insights.
Bernanke was paid just under $200,000 per year to lead the Fed.
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.