Madoff seeks compassionate release from prison
Posted: February 6, 2020
Bernie Madoff, 81, who is currently serving a 150-year prison sentence for swindling investors in a $17 billion Ponzi scheme, [Read More]
Tesla stock surge hurts Odey and Einhorn in January
Posted: February 5, 2020
Despite falling 17.2% on Wednesday to $734.70 per share, Tesla stock has soared more than 70% year-to-date and over [Read More]
Ackman exits Starbucks position with 73% return
Posted: February 5, 2020
Pershing Square’s Bill Ackman exited his Starbucks position on January 31, generating a 73% return. In a presentation to investors, [Read More]
Launches and Assets Raised: Mehti’s Arctis Mgt launches with $500M
Posted: February 5, 2020
Viraj Mehti, who had been a portfolio manager at Moore Capital in London, is planning to launch Arctis Management, a [Read More]
Steve Cohen walks away from Mets deal
Posted: February 5, 2020
Steve Cohen, founder of Point72 Asset Management, has reportedly walked away from negotiations to buy an 80% stake of the [Read More]