Grant’s Interest Rate Observer Reports on Corporate Fraud. Now It’s the Victim of It.
Eric Whitehead has pled guilty to wire fraud, according to the U.S. Attorney’s Office for the Southern District of New York.
Alicia McElhaney
December 22, 2020
US District Court for the Southern District...
Only the Uber-Rich Can Afford This Asset Class. It Made
Them Even Richer This Year.
The super-wealthy still have money to buy Picassos — which, along with low interest rates, made art more attractive this year.
Michelle Celarier
December 21, 2020
Cyril Marcilhacy/Bloomberg
The Covid...
Defense giant Lockheed Martingot tired of watching billionaire tech dudes have all the fun in space, so they just dropped $4.4B to acquire Aerojet Rocketdyne (a company with expertise in space, propulsion, and munitions).
Billionaire Ray Dalio’s Son Killed in Car Accident: ‘My Family and I are Mourning’ (Financial News)
Billionaire hedge fund investor Ray Dalio has tweeted about the death of his 42-year-old son, Devon Dalio, killed in a car accident earlier this week. Devon Dalio was driving when his car crashed...
The Hottest Hedge Fund Strategy of 2020
Equity-sector hedge funds are delivering their best performance in decades, inspiring a wave of new funds.
Amy Whyte
December 16, 2020
Alex Kraus/Bloomberg
Nearly half of all hedge funds launched this year specialize in the same strategy — and it’s...