About Aaron Wormus
Aaron Wormus works as the Managing Director of Website Creation at HedgeCo Networks and has worked with HedgeCo since the end of 2004.
Prior to working with HedgeCo Networks, Aaron managed a private consulting firm based in Frankfurt, Germany. During this time he worked implementing back-end systems for clients ranging from telecommunications companies to mining companies and Silicon Valley software distributors.
Aaron Wormus is a published author who has studied Information Technology and Journalism in Finland. His written work has been published in various technology magazines, translated into 5 European languages, as well as published book. Aaron regularly speaks at PHP Programming conferences, and is involved in the organization of his local technology user group.
The Times broke a story which based on “Internal forecasts” the reported losses of investments made into Madoff funds by Credit Suisse clients could reach $925 million. This follows the admission that Swiss bank UBS lost $1.4 billion. Credit Suisse are standing firm on their statement that they didn’t have anything to do with promoting or selling Madoff investments. While […]
The big news today is that Thierrie de la Villehuchet, co-founder of Access International Advisors, and former Chairman and CEO Credit Lyonnais Securities USA was found dead in his Madison Avenue office. Initial reports point to suicide. Not a lot of information is public right now but following are some bullet points. Access International Advisors website claims that they “Specializes […]
It’s incredible that institutions as large as Barclays still use Excel spreadsheets as a ledger for multi-billion dollar deals, and even more surprising are analysts who think that “hiding” columns with extremely private information is a good idea. From theregister.co.uk “Working to a tight deadline, a junior law associate at Cleary Gottlieb Steen & Hamilton LLP converted an Excel file […]
I’m working recently on my personal blog which I have been maintaining for the last 5 years. Recently I committed to putting more of my time into it and publishing regular content onto it, the blog has no topic so you’ll find a lot of posts on various subjects. Yesterday, I posted the exit letter which Andrew Lahde posted before […]
After an unbelievably brutal week, here is a little something to lighten the mood. courtesy of icanhascheezburger
I discontinued my writing since the launch of the fund in order to focus on fund raising and managing the portfolio. Since I’m so disenchanted about the stock market’s response to the Freddie and Fannie bailout I had to write about it. I’ve decided to tip-toe through some of our theories about today’s financial rally and dollar rally. It is […]
This blog entry was delayed because I have been spending all my free time (and some of my non-free time) playing with Google Chrome. I am using chrome to create this post, and will do a review shortly! Happy Memorial Day weekend, we hope that everyone is having a relaxing time with their families & friends. Over the last few weeks […]
A recent college graduate stopped by at our HedgeCo Hedge Fund Question & Answer section to ask what are the best steps for finding a job at a hedge fund. Following are the first few things that came to me. 1. Become intimate with the industry and it’s players. Subscribe to industry publications, make sure that you are familiar with […]
While browsing through my hedge fund news aggregator this morning, this story on how to set up a hedge fund caught my eye. With their tongue firmly in their cheek, the guardian lists the following steps to hedge fund success. Chose a name Get a brass plaque in the Cayman Islands Set your fees Raise some money Rent an office […]
Richard Wilson is one of the most well known hedge fund bloggers out there – taking advantage of a slow week here at HedgeCo Websites, we decided to offer to rework Richard’s blog. Due to Richard Wilson’s blog being hosted on blogspot, the design integration work was slightly different than the work we usually do. After a bit of back […]
Madoff & Credit Suisse – how did a major bank lose $925.9 mln?
The Times broke a story which based on “Internal forecasts” the reported losses of investments made into Madoff funds by Credit Suisse clients could reach $925 million. This follows the admission that Swiss bank UBS lost $1.4 billion. Credit Suisse are standing firm on their statement that they didn’t have anything to do with promoting or selling Madoff investments. While […]