Sunday, 21 September 2014
Last updated 1 day ago
Jul 15 2014 | 10:48am ET
Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at the event’s final table.
The hedge fund manager busted on Saturday at the Rio All Suite Hotel and Casino in Las Vegas, ending the tournament in 173rd place. Einhorn tweeted that he was “sadly all done” after he “couldn’t find another miracle.” He added that the event was “lots of fun” and that he had no regrets.
Einhorn finished in 18th place at the 2006 WSOP. This year, he won $44,728, all of which will go to the Robin Hood Foundation.
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.