Tag:
George Soros
Latest Headlines
Latest Headlines
George Soros fails in bid to overturn conviction
George Soros has been trying for nearly a decade to clear his name of an insider trading conviction in France, where a court found him guilty in 2002.
At issue: Trades in the stock of Société Générale that proved to be fabulously profitable for his Quantum Fund, which gained nearly $3 billion.
Why Rastani's interview went viral
"I have a confession: I go to bed every night dreaming of a recession."
So says Allessio Rastani, a day trader in the U.K. who was given 15 minutes of fame by the BBC recently. It was that kind of frank talk--about how he doesn't care much about the recovery of the economy because it's his job
Why George Soros really stepped away
George Soros's decision to step away from the hedge fund industry was greeted with lots discussion about the effect of Dodd-Frank on the industry. The general take was that the upcoming hedge fund registration requirement was onerous enough for him to transform his operations into a family office
George Soros accused of hypocrisy
The news that George Soros would return money to outside investors and keep his hedge fund alive only as a family office was greeted with massive headlines around the world.
Sen. Richard Shelby took the opportunity to accuse the hedge fund pioneer of hypocrisy. The senator issued a sta
George Soros closes fund, but he's not done
The news that George Soros--hedge fund manager extraordinaire--will close to non family investors has generated lots of headlines. Soros explained in a letter to clients that he has relied on a variety of exemptions to allow outside investors to say invested in his Quantum Endowment Fund, which he
Is China the next blockbuster trade?
In the aftermath of the great mortgage-related credit collapse, we've wondered on several occasions what the next "Big Thing" in finance would be--the next big trade. While we still don't have a definitive answer, there are plenty of hedge fund managers and others who think they have it: Betting a
Bad news piles up on John Paulson
Hedge fund kingpin John Paulson got swept up in the China reverse merger mania regarding one stock, Sino-Forest, in which he built a 14 percent stake.
Unfortunately, Muddy Waters, a Hong Kong-based research outfit, released a research report that argued the company was a fraud, and the stock l
Is the gold bubble about to pop?
We brought you news over on FierceFinanceIT of the rise of automated teller machines that dispense gold. The Gold to Go machine--the brainchild of a German entrepreneur--has generated lots of headlines and skepticism, and some ridicule. But there seems to be demand for his creation. In Mad
Bill Gross on the 'new' normal
Bill Gross of PIMCO ( PIMCO news) enjoys a reputation as one of the most provocative and interesting writers in the financial services industry. His latest monthly outlook offers an interesting assessment of the retirement of Stanley Druckenmiller--who was once George Soros' right hand man and
John Paulson's returns still lagging
George Soros's long career in hedge funds was full of ups and down, but his defining moment was his massive winning bet against the Sterling, which led to his reputation as the man who "broke the bank of England." Will John Paulson similarly be defined as a man who correctly bet against the housin
