Monday, 22 December 2014
Last updated 2 hours ago
Oct 16 2009 | 1:15pm ET
Billionaire hedge fund honcho and philanthropist George Soros is not putting some of his substantial wealth towards the purchase of a football team.
Media reports had indicated that the Soros Fund Management founder, whose fortune stands at $13 billion, according to Forbes magazine, was part of a bid for the National Football League’s St. Louis Rams. But SportsBusiness Journal reports that Soros has nothing to do with the proposal led by Dave Checketts, the owner of hockey’s St. Louis Blues and the former president of basketball’s New York Knicks.
Soros, an outspoken liberal and supporter of President Barack Obama, is not the only politically-active celebrity rumored to be part of the bid: Right-wing talk show host Rush Limbaugh had been a member of the bidding group before Checketts dropped him in the face of controversy.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.