Monday, 22 September 2014
Last updated 7 min ago
Aug 14 2009 | 12:07pm ET
Jane Iwanowski, the wife of Goldman Sachs’ former top hedge fund manager, was busted for drunk driving in tony East Hampton, N.Y., last month.
Iwanowski crashed her 2003 BMW into a tree near her home in East Hampton on July 26. After a neighbor drove her home, she was arrested on a misdemeanor driving while intoxicated charge and taken to police headquarters. From there, she was taken by authorities to the hospital, when she “began showing signs of alcohol overdose and was unable to walk or stand.”
Ray Iwanowski and his partner, Mark Carhart, were once the toast of the alternative investments world, manager of the “Cadillac of hedge funds,” Goldman’s Global Alpha. But two years ago that Caddy turned out to be a Yugo, plummeting 40%. The fund was also hit hard by the economic crisis last year, and in April Iwanowski and Carhart retired from Goldman.
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.