At least it wasn't Christmas. Every Halloween, hedge fund honcho Paul Tudor Jones, who lives in the Belle Haven community in Greenwich Conn., "transformed his home into a spooky wonderland. A headless horsemen welcomed children, who feasted on buffet tables of candy, held live snakes and spiders shipped in for the occasion and freaked themselves out in the haunted house built on the grounds overlooking the Long Island Sound," according to the New York Times. But this year, the Joneses canceled Halloween, leading to all sorts of local angst.

"My kids are very upset," one resident told the Times. "This was such a great and generous thing he did for the town," he said.

It's not a performance issue. Jones's flagship Global BVI fund was up 0.55 percent in September and is up 2.6 percent for 2010--nothing to write home about, but not a crisis. The Times suggests Belle Haven just got tired of the massive event and the added liability.

Only Belle Haven residents were able to attend this year. The bigger worry locally is whether Jones' Christmas event, which is even more lavish, will also be cancelled.

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