Sunday, 21 September 2014
Last updated 1 day ago
Dec 11 2008 | 1:11pm ET
It seems that Donny Deutsch, whose CNBC show “The Big Idea” was put on hiatus last week, has found solace in the arms of a hedge fund managers’ wife. The advertising mogul has been having an affair with Lisa Sandler, the wife of hedge fund manager Andrew Sandler, according to the New York Posts’ Page Six.
According to the tabloid, Andrew Sandler—son of Sandler Capital Management founder Harvey Sandler—hired a private detective a few weeks ago, suspecting that his wife was being unfaithful. The dick managed to get pictures of Lisa Sandler kissing Deutsch.
Andrew Sandler filed for divorce last week, reportedly naming Deutsch as the third party.
Deutsch, who was divorced from his ex-wife in 2005 and whose ex-girlfriend gave birth to his daughter last year, saw his show shelved by CNBC, which is making cutbacks, earlier this month. The Big Idea’s ratings have reportedly been going south for some time, although Deutsch is expected to remain with CNBC, possibly hosting a once-a-month show.
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.