Former Goldman Sachs and UBS trader Haim Bodek went to the SEC after he learned that exchanges were offering some high-frequency traders a way to get their trades processed ahead of ordinary investors, according to The Wall Street Journal.
Goldman Sachs’ Chief Financial Officer David Viniar will retire at the end of January, Read More
a woman scorned
How angry an ex would you have to be to file racketeering charges against your spouse?
That’s a question Elizabeth Bingham-Perry could answer. The Scarsdale resident filed a civil RICO action against her husband Jeffrey Perry in the U.S. Southern District’s Westchester courthouse last week.
Mr. Perry, it so happens, is an executive at Third Read More
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 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 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