Tag:
hamptons
Latest Headlines
Latest Headlines
Chimay Capital charged with fraud
Chimay Capital told investors it was the investment arm of a family based in the Chimay region of Belgium, one that dated to the 14th century. But that was all bull, the SEC ( SEC news) charged in a suit. The head of the fund was Guy Albert de Chimay, which sounds royal enough. He was arrested
Where in the world is Erin Callan?
The woman who once held the mythic "Most Powerful Woman on Wall Street" title, has a new life. Erin Callan ( Erin Callan news) was a veritable rock star before the crisis set in. Her promotion to CFO of Lehman Brothers ( Lehman Brothers news) made her the first woman on Lehman's executive co
Hamptons holding on
The Hamptons have been hit hard by Wall Street's woes. Home sales by big names like John Paulson and the disgraced Marc Dreier have highlighted the weak real estate market, notes the New York Times . Second-quarter home sales have fallen 43 percent from the same period in 2008. Article
Credit crisis hits home for John Paulson painlessly
Shed no tears for hedge fund manager John Paulson. He's the magic man right now. After his phenomenal 2007, during which his bets on the subprime collapse earned him more than a $1 billion, he has continued his winning ways in 2008. Except when it comes to South Hampton real estate. His 6,800-squa
Pain spreads to East Hampton
So how bad is the downturn on Wall Street? Bad enough to spread to East Hampton, a favorite play area for the made-it Wall Street set. Tax revenues in the town are down 42 percent from last year. The East Hampton Star also reports the town faces a budget deficit of up to $12 million, which has
