Bayou Founder Sentencing Delayed

Nov 16 2007 | 11:03am ET

Bayou Group fraudster James Marquez’s sentencing on fraud charges has been postponed.

Marquez, who founded the collapsed Stamford, Conn.-based hedge fund with Samuel Israel, pleaded guilty to defrauding investors of more than $10 million last December. A federal judge in Manhattan rescheduled his sentencing hearing for Tuesday to allow attorney for both sides to settle issues raised by the defense last week.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...