Here’s Jim Chanos of $6 billion hedge fund Kynikos Associates talking with Bloomberg about the ongoing hedge fund probe. Mr. Chanos says he thinks “plain-vanilla” investigations of insider trading within companies are fine, but any moves to try to redefine inside information will face a tough battle.
“99.9 percent-plus of Wall Street is Read More
Fresh off a very enjoyable launch party for his new NetNet blog on CNBC’s Web site–where, incidentally, Felix Salmon could be seen chatting happily with Herb Greenberg, the hedge fund manager Jim Chanos brought a statuesque blonde companion, and Joe Weisenthal was the only one wearing sneakers–John Carney has one of the most interesting Read More
There are lots of people who search for signs of the end of the world. The homeless guy on the corner. Glenn Beck. The most highly paid one we know of is Kynikos Associates founder Jim Chanos, whose batting average as an investing Cassandra is pretty high (and with the exception of a few disgruntled Read More
