Browsing: Hedge Funds
Two years ago, when big-name Chinese technology companies like Baidu and Alibaba were chasing Silicon Valley’s advances in artificial intelligence…
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Trump picked Scott Bessent for Treasury despite ties to Democratic megadonor George Soros
Before he was chosen to be president-elect Donald Trump’s Treasury secretary, and before he founded his hedge fund, Scott Bessent…
Little has been reported about Bessent’s personal wealth. And unlike hedge fund peers such as Ray Dalio and Ken Griffin,…
Trump tariffs risk turning American businesses into corporate welfare recipients, warns Citadel’s Ken Griffin
Donald Trump’s plan for an increase in tariffs across the board will give rise to corporate welfare that will damage…
Archegos founder Bill Hwang tells court he can’t pay $10 billion compensation to victims because he’s only a millionaire
Disgraced multimillionaire and convicted white collar criminal Bill Hwang is too broke to ever pay the nearly $10 billion in…
Musk backs Howard Lutnick as Treasury secretary and calls Scott Bessent ‘business-as-usual choice’
As President-elect Donald Trump makes a flurry of choices to fill out his incoming administration’s Cabinet, the lobbying for key positions has been…
A top real estate CEO is retiring after 50 years—and just weeks after he was accused of hiding millions in self dealings
Sun Communities chief executive and chairman of the board Gary Shiffman is stepping down after helping to establish the predecessor…
Republican David McCormick defeated Democratic Senator Bob Casey in Pennsylvania, according to the Associated Press, marking an upset that saw…
When Mark Walter, founder of investment firm Guggenheim Partners, bought the bankrupt Los Angeles Dodgers in 2012, many thought he’d…












