Tuesday, 30 September 2014
Last updated 31 min ago
Jul 3 2008 | 2:54pm ET
Prosecutors are making available to victims more than one-third of the money lost by investors in the Bayou Group fraud.
The U.S. Attorney’s office in Manhattan said that $115,6 million in seized from Bayou and its three principals is available for distribution to its 288 victims. About 75% of that money will be available immediately, with another 25% held in reserve pending a continuing bankruptcy proceeding.
Bayou collected some $450 million from investors, losing roughly $300 million of it.
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.