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The Latest Breaking News on Hedge Funds

Leon Black accused in lawsuit of raping woman in Jeffrey Epstein's mansion

Leon Black, the billionaire co-founder of private equity firm Apollo Global Management Inc, was sued on Monday by a woman who said he raped her two decades ago in the late sex offender Jeffrey Epstein's Manhattan mansion.

Reuters

Dowden paid £8,398 fee by firm of Kwarteng mini-budget party host

Payment for ‘policy advice’ came from company of hedge fund manager who organised September champagne reception

The Guardian - UK

Superdry close to deal with US-backed lender in bid to secure future

The fashion retailer is trying to secure funding from Bantry Bay Capital, it has confirmed

Birmingham Post

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What is “Active Investing”?

Long term investing is not an easy path to top the stock market (SPY). On the other hand most active trading approaches miss some key elements that lead to outperformance. So let’s talk about a best of both worlds approach called “Active Investing”. Read on below for more.

StockNews.com

Buffett donates over $750 million to his family charities

Billionaire investor Warren Buffett donated more than $750 million in Berkshire Hathaway stock to the four foundations run by his family Wednesday

The Independent UK

Wharton Professor Jeremy Siegel says stocks will soar 20% next year as inflation fades—but legendary investor Bill Ackman says not so fast

Wharton Professor Jeremy Siegel says 90% of U.S. inflation is already gone, but Bill Ackman is warning investors not to forget about deglobalization.

Fortune

Disney Stock Surges As Bob Iger Returns As Group CEO, Bob Chapek Ousted

"Disney embarks on an increasingly complex period of industry transformation, Bob Iger is uniquely situated to lead through this pivotal period,” the company said.

The Street

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Bankman-Fried's FTX Was a Wild West And a Personal Bank

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

FTX Collapse: Bankman-Fried and His Ties to Democrats

Sam Bankman-Fried attempted to gain politicial clout by making donations among Democrats who now want an investigation into his company.

The Street

Polyamory, penthouses and plenty of loans: inside the crazy world of FTX

After the crypto firm collapsed, the executive who handled the Enron debacle was brought in – and said he’d never seen anything like it

The Guardian - UK

With Q3 in the books, investors look ahead

In the past week, the SET Index established a new base at around 1,610 points following earlier gains. The market focused mainly on the remaining third-quarter earnings of listed companies.

Bangkok Post

Editorial: Cryptocurrency stars can flame out. But they can’t take their customers with them

Out of nowhere, 30-year-old Sam Bankman-Fried became a billionaire mover and shaker in the world of cryptocurrency. Careful to make friends of powerful Democrats and media columnists alike, he threw money around the halls of Congress — and everywhere else he went — while threatening to disrupt Chicago’s financial futures…

Chicago Tribune

Fallen FTX Was the Wild West

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

Fallen FTX Founder Bankman-Fried Gives Regulators the Middle Finger

Sam Bankman-Fried fires off a missive about financial regulators on Twitter and discusses them with a reporter.

The Street

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The Street

Fallen FTX Was the Wild West Run By Unscrupulous Cowboys

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The Street

Bankman-Fried Received $1Bn in Personal Loan from His Company

The founder of the FTX cryptocurrency exchange borrowed money from one of his bankrupt companies.

Bangkok Post

Bourse provides clarity on suspicious trades of MORE shares

Several brokers on Wednesday filed complaints with the Economic Crime Suppression Division related to the investor who bought More Return Plc (MORE) shares late last week, but defaulted on the payment, causing damage estimated at more than 4 billion baht.

Zenger

Michael Burry Doubles Down On Prison Stocks, Adds This Space Company In New Third Quarter Positions

Former hedge fund manager and investor Michael Burry made headlines earlier this year when he sold all of his positions except one

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Axios

Second GOP megadonor comes out against Trump in 2 weeks

Two of the country's largest and most influential Republican donors are looking for a next-generation candidate.

Bangkok Post

Economic crime police investigating irregular trading of MORE shares

Eleven securities firms have asked economic crime suppression police to investigate irregularities in the trading of More Return Plc (MORE) shares and take action against those involved.

The Street

Nikola Founder's Trial Proves Tesla Rival Built on Web of Lies

It turns out that rolling a truck down a hill is not actually proof that your electric vehicle (EV) works.

Zenger

What Does Prophetic Paul Tudor Jones Have To Say About Economic Future

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession.

Benzinga

Paul Tudor Jones Correctly Predicted The 1987 Stock Market Crash: Here's What The Billionaire Hedge Fund Manager Says Is Coming Next

Billionaire hedge fund manager Paul Tudor Jones sees continued weakness ahead as the U.S. economy heads for recession.

Benzinga

Ray Dalio Says 'Will Play Markets Till I Die' After Giving Up Control Of World's Largest Hedge Fund

After relinquishing control of the world's largest hedge fund, Ray Dalio, the founder of

Benzinga

Is The Market Volatile? Ken Griffin's Citadel Reportedly Registered Double Digit Returns Across All 4 Funds

In a year marked by extreme volatility, all four funds of Ken Griffin’s Citadel have reportedly generated double-digit returns.

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