Categories: hedge funds

Investors Lose by Chasing Top Performing Hedge Fund Strategies

Posted by: Ben Levisohn on August 18

Being rich doesn't necessarily make one financially savvy. Annie Liebovitz defaulted on a loan she had almost no chance of paying back. Elie Wiesel, Mort Zuckerman and New York Mets...

Citadel's Year to Forget

Posted by: Matthew Goldstein on December 31

Investors in Citadel Investment Group's two main hedge funds can take solace in the fact that 2008 has finally come to an end. Of course, that won't ease the pain...

Madoff meets Lehman

Posted by: Matthew Goldstein on December 19

It’s not a lot of money compared to the estimated $3 billion that a fund managed by The Tremont Group has lost in the Bernard Madoff scandal. But the same...

Madoff: What a Week

Posted by: Matthew Goldstein on December 18

It's hard to believe that it was only a week ago that federal prosecutors charged Bernard Madoff with orchestrating what may be the biggest Wall Street fraud ever. The Madoff...

Ponzi Nation

Posted by: Matthew Goldstein on December 14

Wall Street trader Bernard Madoff allegedly defrauds the rich and famous out of tens of billions of dollars. Minnesota businessman Tom Petters allegedly fleeces hedge funds out of $3.5 billion....

Madoff and the Media

Posted by: Matthew Goldstein on December 14

There's no denying that the scandal surrounding Bernard Madoff's hedge fund is a big deal. Whether the alleged fraud is $50 billion, or $17 billion or even $10 billion, the...

Credit Crunch Unmasks Madoff

Posted by: Matthew Goldstein on December 12

For years there were whispers on Wall Street about Bernard Madoff’s hedge fund. The cynics said the returns were too good, too steady and Madoff’s operation always looked too slim...

Citadel's Blood in the Street

Posted by: Matthew Goldstein on December 11

The end of the year can't come soon enough for hedge fund magnate Ken Griffin, whose main investment portfolio at Citadel Investment Group continues to pile up big losses. As...

Citadel's Woes Keep Growing

Posted by: Matthew Goldstein on October 15

Updated 9:45 p.m. EDT Citadel Investment Group founder Ken Griffin used to be on top of the hedge fund world. Griffin's Chicago-based fund was the envy of many, especially as...

Pink Slips Fly on Hedge Row

Posted by: Matthew Goldstein on October 15

It’s been a bad year for hedge funds, with many posting their worst performances in years and wealthy investors threatening to redeem their money by year’s end. Now here comes...

Lehman Bankruptcy Gets Ugly

Posted by: Matthew Goldstein on October 02

The Lehman Brothers bankruptcy is quickly becoming one giant mess. Scores of hedge funds that had hundreds of millions in cash and other securities parked with Lehman’s prime brokerage operation...

Look Out for Bloody Tuesday

Posted by: Matthew Goldstein on September 26

There’s no relief these days for stock investors, who’ve already seen their portfolios get pounded by the fallout from the now 13-month long credit crisis. Now there’s a new worry...