Author Archive - justin-zaremba

Evening Leaders: Bunga Bunga Parties On, IBM Offers To Settle, Capital One “Not Sound,” U.S. Probes Ratings-Cut Trades, Goodell Named Chairman

Bunga Bunga Parties On While S&P and Germany Slash Italy’s Credit (Insider Monkey) Bunga Bunga Parties! Silvio Berlosconi, Italy’s Prime......(read more)

September 20 - Uncategorized - Comments

Hedge Fund News: Altana’s Robinson On Inflation, Tatiana Segal Hired By SkyBridge, Rajaratnam Sentence, Brevan Howard To Give Back, Madoff’s Investors Entitled To Funds

Tatiana Segal, hired, SkyBridge, hedge fund

Altana’s Robinson Takes On Inflation (Dealbook) Lee Robinson, co-founder of Trafalgar Asset Managers, said inflation, the current market volatility......(read more)

September 20 - Hedge Funds - Comments

Sergio Ermotti – UBS Successor – May Cut Investment

Oswald Gruebel, UBS, slash, cut, investment

Sergio Ermotti, the heir apparent for UBS’s leadership, will likely be tasked with slashing the investment aspect of the company in order to refocus......(read more)

September 20 - Uncategorized - Comments

Bernie Madoff’s Investors Entitled To Funds

Bernie Madoff, investors, Julius Baer, withdraw

Bernie Madoff‘s investors cannot be forced to return withdrawals from his largest hedge fund that led to its insolvency....(read more)

September 20 - Hedge Funds - Comments

Google Gets Daily Deal

Google, Groupon, Daily Deal, online deal, buyout, merger, acquistion

Google acquired Daily Deal – a German-version of Groupon – but did not indicate whether it paid full price or wholesale....(read more)

September 20 - Uncategorized - Comments

Raj Rajaratnam Could Set Guinness Record For Insider Trading Sentence

Raj Rajaratnam, sentencing, hedge fund, insider trading, prison

Raj Rajaratnam could get the longest insider trading sentence in history – 24 years in prison – if federal prosecutors have their druthers......(read more)

September 20 - Hedge Funds - Comments

ConAgra Withdraws $5.2 Billion Ralcorp Bid, See the Funds Affected

ConAgra Foods unsurprisingly withdrew its $5.2 billion bid for Ralcorp Holdings at 5 p.m. on Monday after Ralcorp’s Board of Directors again rejected......(read more)

September 20 - Uncategorized - Comments

Merger Arbitrage: Capital One ING, Consumer Groups Concerns, Valeant Skin-Care, Gulf Keystone Oil Holdings, Jazz Jumps With Azur Merger

Merger Arbitrage, divest, buyout, Capital One, ING, Gulf Keystone, sell, takeover, acquistion

Capital One, ING Defend Merger (Dealbook) Capital One and ING Direct USA mounted a defense of their proposed $9 billion merger, which consumer groups......(read more)

September 20 - Uncategorized - Comments

Bunga Bunga Parties On While S&P and Germany Slash Italy’s Credit

Berlusconi, bunga bunga, Italy, downgrade, prostitutes

Bunga Bunga Parties! Silvio Berlusconi, Italy’s Prime Minister and international class act, must feel like he’s on the wrong end of a Bunga......(read more)

September 20 - Uncategorized - Comments

AM Market Movers: Netflix (NFLX)

Netflix (NFLX) shed 6% in early morning trading two days after announcing their pending split into separate brands for DVD-by-mail and streaming video......(read more)

September 20 - Market Movers - Comments

Brevan Howard May Give Back $2 Billion To Avoid Getting Too Big

Alan Howard’s Brevan Howard Asset Management may return about $2 billion to investors in the firm’s largest fund – Master Fund – to avoid......(read more)

September 20 - Hedge Funds - Comments

Ted Weschler Follows Buffett Rule of Low Pay

Ted Weschler, Warren Buffett, tax, Buffett rule, Berkshire Hathaway

Ted Weschler, the new portfolio manager of Berkshire Hathaway, follows “the Buffet rule” of receiving less pay and a higher tax rate....(read more)

September 20 - Uncategorized - Comments

PM Market Movers: Goodrich Corps Soars Following Merger Talks

Goodrich Corp, United Technology, merger, bid, negotiation

Goodrich Corporation (GR) soared nearly 16% today following the announcement that United Technologies is in talks to buy the aerospace equipment manufacturer......(read more)

September 19 - Market Movers - Comments

Hugh Hendry’s Hedge Fund Profits As Chinese Economy Huffs and Puffs

hugh hendry, profit, Chinese, slowdown, Eclectica

Hugh Hendry’s Eclectica Credit Fund, which is designed to profit on a slowdown in the Chinese economy, has soared in value over the past two months......(read more)

September 19 - Hedge Funds - Comments

Hedge Fund News: Scott Bessent Soros’ CIO, Peltz Pelts, Marathon Goes Distance, Hedge Funds Pump Oil, eVestment Acquires Hedgefund.net

Scott Bessent Steps Up, Soros’ Son Steps Back (Insider Monkey) Scott Bessent will step up to the plate as the new CIO for the $25 billion hedge......(read more)

September 19 - Hedge Funds - Comments

Marathon Asset Names Partners To Go The Distance

Hedge Fund News: Bruce Richards, Paul Tudor, Blackstone

Stuart Goldberg, Jake Hyde, and Andrew Springer were named as partners by $10 billion hedge fund, Marathon Asset Management LP....(read more)

September 19 - Hedge Funds - Comments

Scott Bessent Steps Up, Soros’ Son Steps Back

Scott Bessent, George Soros, Soros Fund Management, CIO, shake up, step up

Scott Bessent will step up to the plate as the new CIO for the $25 billion hedge fund, Soros Fund Management, while Jonathan Soros – son of co-founder......(read more)

September 19 - Hedge Funds - Comments

Merger Arbitrage: Transatlantic Rebuffs, Ralcorp Spurns, Tyco Splits, United Technologies In Talks, Fed Reviewing “Too Big To Fail”

Transatlantic Rebuffs Berkshire Hathaway (Insider Monkey) Transatlantic Holdings rebuffed Berkshire Hathaway’s cash bid of $3.25 billion, ensuring......(read more)

September 19 - Hedge Funds - Comments