Thursday, 18 September 2014
Last updated 2 hours ago
May 14 2009 | 10:34am ET
George Soros this week pledged $50 million to a charity that helps poor New Yorkers, with the caveat that the group raise three times that amount over the next two years.
The Soros Fund Management chief announced his gift at the Robin Hood Foundation’s gala fundraiser in New York this week. Robin Hood was founded two decades ago by Soros’ fellow hedge fund manager Paul Tudor Jones, and gives money to other groups that focus on homelessness and education in New York City.
Robin Hood raised $72.7 million at the gala.
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.