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Hedge fund managers face the hazards of poker

Image counts a lot in the hedge fund industry. So if you are a hedge fund manager and you let it be known that you also play poker, you had better play pretty well. Poker is taken quite seriously in the industry. Success in poker is something that you would definitely want on your resume.

SAC Capital investigation heating up

Criminal investigators have sent a new, apparently quite aggressive round of subpoenas to SAC Capital. The requests seem to be pushing the high-profile investigation to the moment of truth in the quest to bring criminal charges against the embattled hedge fund and its founder Steven Cohen.

Jamie Dimon and what a banker ought to be

Not too long ago, Nike ran a Tiger Woods advertisement featuring his famous quote: "winning takes care of everything." The ads arrived just as the golfer was entering a major hot streak and...

Could Silver Lake walk away from Dell deal?

Most in the industry believe that the dismal state of Dell's earnings strengthens Michael Dell's hand when it comes to the leveraged buyout offer he and Silver Lake have on the table. The deal for $13.65 looks richer and richer as the company's operating prospects tumble.

Main Street vs. Wall Street battle on real estate

Once home prices were battered into submission, private equity firms rode to the rescue, sensing the deal of a lifetime.

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