Once a symbol of Wall Street excess, Cohen has invested lavishly in the Mets, becoming the most beloved billionaire in Queens. Is that enough to reverse team history?
Category: Hedge Funds
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Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
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Hedge Fund Billionaire Gets Billions More to Retire
Bridgewater’s founder, Ray Dalio, retired last year after months of negotiations that guaranteed him a gigantic exit package.
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FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
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What Layoffs? Top Wall Street Traders Score Giant Paydays
Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
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Inside the Frantic Texts Exchanged by Crypto Executives as FTX Collapsed
A group chat including crypto leaders shows Binance’s Changpeng Zhao accusing FTX’s Sam Bankman-Fried of orchestrating trades to destabilize the industry.
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FTX Founder Sam Bankman-Fried Faces Market Manipulation Inquiry
Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
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Wall St. Brokers Look to Buy Rights to Assets Trapped on FTX
Customers could be offered pennies on the dollar for what they lost when the crypto exchange filed for bankruptcy last week.
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Fed Frets About Shadow Banks and Eyes Treasury Liquidity in New Report
The Federal Reserve is watching the government bond market and investment funds as rate increases ricochet through finance.
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Hedge Fund Investors See Opportunity in Rocky Stock Market
Market turbulence isn’t deterring activists in the way that it once did.