Three top executives at fund manager SAC Capital have been subpoenaed as part of regulator's insider trading case against the company, according to a piece on the Wall Street Journal. The head of the firm, Stephen A. Cohen, has also been subpoenaed in the case, which involves insider trading in Wyeth and Elan Corporation shares.
Today's investors have to walk a tightrope over an uncertain market environment, Seth Klarman opines in his year-end 2019 letter to investors. Q4 2019 hedge fund letters, conferences and more In... Read More
UFO hunters may be disappointed to learn NASA did not knock down a live video feed from the space station -- and neither did NASA. Officials at the National Aeronautics... Read More
Theodor Tonca - Chairman & CEO at Graham Theodor & Co. Ltd. They say tis' the season for giving right? Well, let me do my part in the best way i... Read More
Argentina's President Cristina Kirchner has found the magic term used to justify the most absurd violations of privacy and validate almost any tactic: she discovered the word “terrorist.” Kirchner seems... Read More
Paulson & Co. filed today a form 4 stating that he has divested himself of part of his share in Delphi Automotive PLC (NYSE:DLPH) worth over $100 million. The actual... Read More
Herbalife Ltd. (NYSE:HLF) has appointed former US Under Secretary of State Maria Otero to its board of directors, the company announced in a statement. Otero has also served in... Read More
Research is the best way to reduce risk in investing, but no matter how extensive your research and no matter how diligent or smart you are, due diligence always... Read More
Reviving Kremlinology: Why Is A Cold War-Era Art Suddenly Back In Vogue? by Startfor Introduction Winston Churchill once said, "Kremlin political intrigues are comparable to a bulldog fight under a rug.... Read More
Berlusconi paid women vast sums for 'bunga bunga' silence, say investigators Silvio Berlusconi has spent hundreds of thousands of euros on 21 young women, to ensure their silence over events... Read More
The Value Investing Congress had fewer high-profile speakers this time, however, Starboard Value's Jeffrey Smith, ValueAct Capital's Jeff Ubben and Marcato Capital's Mick McGuire were worth noticing because of... Read More
