Author Archives: Editor

Reuters – A New York jury on Wednesday heard former Goldman director Rajat Gupta on a FBI wiretap casually discussing business with Raj Rajaratnam, the now-imprisoned hedge fund founder he is accused of tipping off about boardroom secrets. The 23-minute […]

AP – The July 29, 2008, phone call between two titans of Wall Street began with the old friends exchanging mild pleasantries, but then quickly turned serious and, by the government’s account, criminal. Hedge fund manager Raj Rajaratnam asked about […]

HFN – The founder and the chief operating officer of a Florida hedge fund have been named in a Securities and Exchange Commission lawsuit for their roles in a massive Ponzi scheme. The SEC announced Tuesday that Fort Lauderdale-area residents […]

Forbes – David Ebersman, Facebook’s chief financial officer, made the decision to increase the number of shares that would be sold in Facebook’s IPO three days before the big event.The Wall Street Journal suggests this decision doomed Facebook’s shares. By increasing the amount […]

BusinessInsider – We know that Dartmouth students aren’t big fans of hedge funds, but it turns out the university’s faculty aren’t too keen on them either. A group of Dartmouth professors and employees are requesting that New Hampshire state launch […]

Opalesque – IMQubator, Europe’s biggest seeding platform, has launched its innovative Capital Introduction Network. The IMQ Capital Introduction Network is a platform with its members connecting potential investors to the IMQubator funds through independent ‘agents’ – third party and private […]

Hedge Funds Review – Former Société Générale commodity traders plan to launch a hedge fund in Q4 to take advantage of an expected increase in investor appetite for commodities. The fund will combine three strategies. Three former Société Générale executives are launching […]

AP – A former board member for Goldman Sachs and Procter & Gamble on trial on insider trading charges and two men and a woman already criminally convicted were on a list of 10 “important people” who could interrupt a […]

The Hill – President Obama raised far more cash from hedge fund and private equity donors than any other candidate in the 2008 election cycle. According to an analysis by the nonprofit group Open Secrets, Obama took in nearly $3.5 […]

Reuters – The founder of a hedge fund was found on Tuesday to have defrauded his former partners and was ordered to pay them $35 million in a case described by one lawyer as a “mini-Madoff.” James Crombie, a one-time […]

Reuters – Two top U.S. financial regulators called for a review of the initial public offering of Facebook last week, putting fresh pressure on the company, its embattled lead underwriter and the Nasdaq. After Friday’s [May 18] nearly flat close […]