Tag: goldman

Hedge Fund News Weeky Recap

Hedge Fund News Weekly Reacap – Hedge fund deals, billionaire managers and investing news of week of May 27th to June 2nd.
Hedge Fund Managers Generate Billions of Returns in Record Start to Year
Hedge fund managers including Chris Hohn, Crispin Odey and Dan Loeb have each generated double-digit returns since the beginning of 2013 according to the The Telegraph reports.

Suit Over Short Sales Against Two Wall Street Banks

A Few years ago Marc Cohode, a prominent hedge fund appeared well positioned to take advantage of any turmoil in the markets. That fund, Copper River Partners, had made sizable bets months earlier against companies whose stocks it expected to…

Billionaire Hedge Fund Manager Rankings

  Who will be the next titan? STYLE GUIDE Trader: Seeks to exploit short-term volatility in the price of a security. The trader need not have an opinion on the merits of a company whose stock he trades, or the…

E-Mails and Goldman’s Muppet Scandal

Greg Smith wrote that clients are often derided as “Muppets” by people at Goldman. In an odd footnote to the Greg Smith fracas, Reuters reports that Goldman Sachs has started scanning internal e-mails for instances of the term “muppet” and…

Goldman Loses Bid Over Riski CDO

Goldman Sachs Group Inc lost its bid to dismiss a lawsuit accusing it of defrauding investors by selling risky debt linked to subprime mortgages that it planned to bet against. The decision by U.S. District Judge Victor Marrero in New…

Hedge Fund Exec Blasts Employer Resigns

The market value of Goldman Sachs has dropped over $2 billion overnight and 12 year Goldman executive and hedge fund manager Greg Smith resigned publicly yesterday, causing a flood of opinion and uproar from the financial industry and investors. “It…