Tuesday, 30 September 2014
Last updated 5 min ago
Dec 21 2007 | 11:17am ET
A judge is expected to decide today whether disgraced former hedge fund manager Albert Hsu can go home for the holidays.
Hsu, who pleaded guilty in October to plotting to have his former mistress kidnapped and raped, has asked for permission to spend Christmas with his wife Kendra, who has filed for divorce, and his two children. The judge is also expected to rule on a proposed visit with his family the day before he is to report to prison to begin serving a two-and-a-half-year sentence.
The founder of hedge fund Anchor Point Capital was originally due to enter prison on Dec. 10, but his reporting date has been delayed until Jan. 7, prompting the visit requests. Under the terms of his bail, Hsu is receiving treatment for his bipolar disorder and is barred from entering his former hometown of New Canaan, Conn. He is staying with his parents in Queens, N.Y.
Hsu’s victim is opposing his request for the visits.
At his plea, Hsu acknowledged posting an advertisement on a sadomasochism Web site, posing as his ex-mistress, seeking “a real-life abduction and rape scene.” He included personal information about the woman, including her license plate number and where she preferred to stand at the commuter rail station while waiting for the train to New York.
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…
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…
The trading world is inundated with strategies and techniques. Here’s one way traders can get a handle on information overload.