Earlier this month, a story splashed across the front page of the Post warned that representatives from more than a dozen New York City hedge funds had “crossed the border” to meet with Connecticut Governor Jodi Rell. Over fried calamari, the governor reportedly pitched the executives on moving their businesses to her state: Read More
In the last seven days, the deluge of new Wall Street scandals has been constant, fascinating and incredibly confusing. Helpfully, one tie that binds is that nearly every major accusation has been accompanied by denials from the accused, but beyond that things Read More
The covers of the Wall Street Journal and the New York Times‘ business section today both have huge stories on Wall Street pay. And they look very different.
The Times story, “Pay of Hedge Fund Managers Roared Back Last Year,” says that the country’s top 25 hedge fund managers made $25.3 billion last Read More