Free Republic 4th Quarter Fundraising Target: $88,000 Receipts & Pledges to-date: $18,499
21%  
Woo hoo!! And the first 21% is in!! Thank you all very much!! God bless.

Keyword: hedgefund

Brevity: Headers | « Text »
  • Trump State Department Fights to Keep Clinton Benghazi E-mails Secret

    05/08/2017 4:53:41 PM PDT · by detective · 87 replies
    The New American ^ | 08 May 2017 | Joe Wolverton, II, J.D.
    Candidate Donald Trump said of Hillary Clinton’s e-mail scandal, “This corruption and collusion is just one more reason why I will ask my attorney general to appoint a special prosecutor.” He later upped the ante with the declaration, “She has to go to jail.” Now, it appears that the Trump State Department is working to keep the e-mails secret. On May 5, Judicial Watch issued a press release announcing that U.S. District Judge Amy Berman Jackson ordered the U.S. Department of State to turn over to the watchdog organization "eight identical paragraphs" of previously redact material in two September 13,...
  • Chelsea Clinton's Hubby Flubs Badly -- Out of a Job. Hedge Fund Loses 90% in bad bet on Greece

    02/09/2017 8:22:06 AM PST · by SeekAndFind · 102 replies
    WorldNet Daily ^ | 02/09/2017
    <p>Hillary Clinton isn’t the only one in the Clinton clan who has recently lost a job.</p> <p>Son-in-law Marc Mezvinsky is hitting the bricks following the monumental failure of his hedge-fund company, Eaglevale Partners.</p> <p>The fund was quietly closed down in December, and now Mezvinsky and his partners are busy returning what money remains to investors. The group raised $25 million, reports Britain’s Daily Mail and Bloomberg News, but the fund lost 90 percent of its value investing in bank stocks and debt from Greece.</p>
  • Clinton’s son-in-law closed his hedge fund after the election

    02/08/2017 9:18:56 AM PST · by COUNTrecount · 50 replies
    NY Post ^ | February 8, 2017 | Daniel Halper
    Hillary Clinton’s son-in-law, Marc Mezvinsky, shuttered his hedge fund shortly after the election, according to a report. Eaglevale Partners, which Mezvinsky co-founded, was quietly closed and money returned to investors the month after Clinton lost to Donald Trump, Bloomberg reported. The hedge fund reportedly lost big by betting on Greece, with one element of the fund dropping by as much as 48 percent one year, the Wall Street Journal previously reported.
  • George Soros's fund bailed out on the big gold ETF

    11/15/2016 8:45:32 AM PST · by tekrat · 6 replies
    MarketWatch ^ | 11/15/2016
    George Soros’s hedge fund Soros Fund Management sold its stake in a widely used gold exchange-traded fund in the third quarter, according to a regulatory filing out Monday. The fund reported no stake in the SPDR Gold Trust GLD, +0.58%  in the period ended Sept. 30. That’s after disclosing a position worth $30.4 million in a second-quarter filing. The storied billionaire investor had attracted attention during the second quarter for being generally bearish on world markets — and scooping up safety-play gold.
  • Chelsea Clinton’s Husband Closing Hedge Fund After Losing 90 Percent Of Its Money

    07/25/2016 1:55:20 PM PDT · by boknows · 97 replies
    Daily Caller ^ | 5/11/16 | Blake Neff
    The effect on Mezvinsky’s hedge fund has been gruesome. It raised $25 million for its investments, but had already lost about 40 percent of its value by early 2015. Rather than shuttering the fund then, Mezvinsky pressed ahead.
  • Wall Street has been rocked by an $8 billion hedge fund's implosion

    06/22/2016 8:05:53 PM PDT · by Lorianne · 24 replies
    Business Insider ^ | 19 June 2016 | Rachael Levy
    Visium Asset Management, a multibillion dollar hedge fund, has imploded in the biggest scandal to hit the industry in years. The fund told investors of its plan to close in a letter Friday. It’s the most high-profile shutdown since authorities forced Steve Cohen’s controversial SAC Capital to close in 2013. A slew of factors — from a brewing insider-trading scandal to a contentious investment by Visium’s founder that rankled investors and staffers alike — led to Visium’s demise. On top of all of that, Visium’s flagship fund had been reporting dismal performance. Visium is selling one of its better performing...
  • Trump: 'Hillary Clinton Turned the State Department Into Her Private Hedge Fund' [VIDEO]

    06/08/2016 3:30:12 PM PDT · by UMCRevMom@aol.com · 29 replies
    Breitbart ^ | 7 Jun 2016 | Pam Key
    Tuesday .... Republican presidential nominee Donald Trump began his general election pivot by going on the offense against presumptive Democratic presidential nominee Hillary Clinton, adding that she "turned the State Department into her private hedge fund." Trump said, "Hillary Clinton turned the State Department into her private hedge fund. The Russians, the Saudis, the Chinese, all gave money to Bill and Hillary and got favorable treatment in return. It's a sad day in America when foreign governments with deep pockets have more influence in our own country than our great citizens. I didn't need to do this. It's not easy,...
  • Ethics panel confirms Rep. Grayson under review

    02/22/2016 1:14:01 PM PST · by jazusamo · 12 replies
    The Hill ^ | February 22, 2016 | Cristina Marcos
    Greg Nash The House Ethics Committee publicly acknowledged Monday it is conducting a review into Florida Senate candidate Rep. Alan Grayson. In a statement, the panel said it will issue a decision on whether to open a formal investigation into Grayson's activities by April 5. If the committee decides not to proceed with an investigation, it must release the Office of Congressional Ethics (OCE) report on the case. Grayson's management of a hedge fund while serving as a member of Congress has been looming over the Aug. 30 Senate Democratic primary. Senate Minority Leader Harry Reid (D-Nev.) earlier this...
  • Sen. Harry Reid calls on Grayson to drop out of Senate race

    02/12/2016 10:32:53 AM PST · by Olog-hai · 34 replies
    Associated Press ^ | Feb 12, 2016 1:16 PM EST
    U.S. Senate Minority Leader Harry Reid on Friday called for U.S. Rep. Alan Grayson to drop out of the race for a Senate seat in Florida. Reid said in a statement that Grayson claims to be progressive but seems to have "no moral compass." He said Grayson used his office to unethically promote a hedge fund that until recently had been based in the Cayman Islands. Grayson is running in the Democratic primary to replace U.S. Sen. Marco Rubio. His campaign did not immediately respond to Reid's call to quit the race. ...
  • Donald Trump: Wow! Ted Cruz received $487K in campaign contributions, $11M from a NY hedge fund

    01/16/2016 3:52:42 PM PST · by BlackFemaleArmyCaptain · 94 replies
    Twitter ^ | 1/16/2016 | Donald Trump
    Donald J. Trump ‏@realDonaldTrump: "Wow! Ted Cruz received $487K in campaign contributions, $11M from a NY hedge fund mogul, & $1M low int. loan from Goldman Sachs. Hypocrite"
  • Daughters of Charity Health System closes deal with hedge fund

    12/15/2015 2:00:52 PM PST · by Citizen Zed · 2 replies
    Mercury News ^ | 12-15-2015 | Tracy Seipel
    Ending almost two years in limbo, the financially beleaguered Daughters of Charity Health System on Monday announced it has closed a $260 million investment deal with an East Coast hedge fund that will keep one of the Bay Area's oldest hospital chains afloat for at least three more years. The news came 11 days after California Attorney General Kamala Harris gave her conditional approval for the largest nonprofit hospital transaction in state history, and the first to involve a hedge fund. Unlike the controversy and staunch opposition generated by the hospitals' previous suitor, the deal with BlueMountain Capital Management registered...
  • How One Hedge Fund Is Betting Against The $1.2 Trillion Student Loan Bubble

    08/11/2015 3:10:27 PM PDT · by SeekAndFind · 7 replies
    Zero Hedge ^ | 08/11/2015 | Tyler Durden
    On Monday, we got some color on Hillary Clinton’s $350 billion plan to make college more affordable. Students and former students across the country owe more than $1.2 trillion in college loans, and as Bill Ackman so eloquently put it earlier this year, "there’s no way they’re going to pay it back." The fact that America’s student loan bubble is the focus of what may well end up being one of Clinton’s most expensive policy proposals speaks volumes about the urgency of the problem. Of course there are some other folks who understand how quickly the situation is deteriorating. Chief...
  • This hedge fund manager just lost millions on Greece (Clinton Son-in-Law LOL!!!)

    06/30/2015 5:08:18 PM PDT · by PJ-Comix · 41 replies
    Fortune ^ | June 29, 2015 | Stephen Gandel
    Talk about a horrible way to start the week. A number of hedge funds that were already bracing for losses on Greek debt also found out late Sunday night that they would likely have to swallow big losses on investments in Puerto Rico as well. [SNIP!] ...Another loser in Greece has been Marc Mezvinsky, the husband of former, and potentially future, first child Chelsea Clinton. Mezvinsky’s firm EagleVale, which has made bets in Greece, was down nearly 4% last year. A small fund the firm runs that is completely dedicated to investing in Greece was down 48%.
  • Jon Corzine Considers Launching Hedge Fund

    04/19/2015 6:08:44 PM PDT · by Reverend Wright · 33 replies
    Wall Street Journal ^ | April 19, 2015 7:05 p.m. ET | By JULIE STEINBERG and ROB COPELAND
    Jon S. Corzine, the embattled former MF Global Holdings Ltd. chief executive and ex-chairman of Goldman Sachs Group Inc., has discussed plans to start his own hedge fund in recent months, according to people familiar with the matter. The fund would start with cash from Mr. Corzine’s personal wealth and a handful of outside investors. Mr. Corzine said he had been speaking with about a half-dozen potential investors, and projected around $150 million in assets under management, one of the people said. The plans are tentative and could evolve or fall apart in coming months. But a launch would mark...
  • 175,846,629,768 Reasons Why Ben Bernanke Joined Citadel Hedge Fund

    04/16/2015 8:15:57 AM PDT · by SeekAndFind · 1 replies
    Zero Hedge ^ | 04/16/2015 | Tyler Durden
    No, that is not the number of hits his blog posts got, neither is that what Ben Bernanke will make as the most recent employee of Citadel (at least not for a few years until the the eponymously named helicopter makes a landing and hyperinflation runs wild).It is also not the assets under management held by HFT titan, and Bernanke's new employer, Citadel. As Citadel reminds us in its regulatory filing with the SEC, "as of December 31, 2014, in Funds managed on a discretionary basis, we had approximately $23,804,000,000 in net assets under management."Only.So what does the number...
  • The New York Times wrote a brutal takedown of Chelsea Clinton's husband's hedge fund

    03/23/2015 8:29:20 AM PDT · by SeekAndFind · 42 replies
    Business Insider ^ | 03/23/2015 | Julia La Roche
    The New York Times totally threw shade at Bill and Hillary Clinton's son-in-law, Marc Mezvinsky. Matt Goldstein and Steve Eder wrote an article in The New York Times suggesting that Mezvinsky —who is married to Chelsea Clinton —had been able to gain access to investors with ties to the Clintons for the hedge fund he cofounded that has had "underwhelming returns."About a month ago, The Wall Street Journal published a report about the fund's underperformance since its inception. The Times' report focuses primarily on Mezvinsky and his role in fund-raising and strategizing for the fund. Back in 2011, Mezvinsky, now...
  • Chelsea Clinton's Husband Suffers Massive Hedge Fund Loss On Greek Investment

    02/03/2015 5:59:55 PM PST · by dynachrome · 73 replies
    Zero Hedge ^ | 2-3-15 | Tyler Durden
    Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton's son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter sent last week they had been "incorrect" on Greece, helping produce losses for the firm’s main fund during two of the past three years. By 'incorrect' Chelsea Clinton's husband means the Eaglevale fund focused on Greece lost a stunning 48% last year and, as The Wall Street Journal reports, is impacting the overall returns of the roughly $400 million fund which has spent...
  • Miami-based fund unraveled by Swiss franc (Everest wiped out)

    01/20/2015 11:33:38 AM PST · by tcrlaf · 12 replies
    South Florida Business Journal ^ | 1-20-2015 | Nina Lincoff
    Miami-based Everest Capital Fund was knocked down last week after the Swiss National Bank unexpectedly allowed the Swiss franc to trade freely against to the euro, according to a report from Bloomberg . The $830 million fund has reportedly been wiped out, according to media reports.
  • Everest Macro Hedge Fund Blows Up After Nearly $1 BIllion In Swiss Franc Losses

    01/17/2015 8:18:02 PM PST · by tcrlaf · 20 replies
    Zerohedge ^ | 1-17-2015 | Durden
    Yesterday, when we got the first news of huge P&L losses at various publicly-traded banks not to mention the collapse of several retail brokers culminating with the bailout of FXCM by Jefferies, we reminded that seconds after the SNB shocker, we tweeted what was quite obvious to anyone who realized that speculators were most short the CHF since the summer of 2013. We also added that "We have yet to find out just which hedge funds were blown up yesterday", for the simple reason that unlike public banks who have an obligation to reveal news, especially bad, to their shareholders,...
  • Steyer Hedge Fund Tied to Russian Oligarch Targeted by U.S. Sanctions

    05/07/2014 9:21:58 AM PDT · by Nachum · 2 replies
    Washington Free Beacon ^ | 5/7/14 | Adam Kredo
    The hedge fund founded and, until recently, run by billionaire environmentalist Tom Steyer was involved in a deal to sell a stake in a Russian oil company to a Russian oligarch who is the target of U.S. sanctions. Farallon Capital Management sold a part of its stake in Russian firm Geotech Oil Services to the Volga Group, a Luxembourg-based investment firm owned by Russian billionaire Gennady Timchenko, in 2010. Four years later, in April 2014, the U.S. Treasury Department announced that it would target Timchenko, Volga, and a number of companies associated with them, in a round of sanctions aimed...