This just in… there is insider trading going on up and down Wall Street.
The broadcast and print media over the last week or so have been filled with stories of a massive investigation by the feds into the who, what, where, when, why and how investment managers are trading on inside information. Names have been named, the hunt is on and before the end of the year it is expected that some of Wall Street’s most famous and well- respected will be indicted for making money the old-fashioned way – illegally. Click here to read some of the coverage. If I were a gambler, I’d bet that insider trading has been going on for as long as there has been a stock to […]
The big news in the hedge fund industry is…
Gold! That’s right folks all that glitters on the minds of hedge fund managers’ is goldaccording to a recent piece of news on the “Wizards of Wall Street”. Click here to read. Yesterday it was funding lawsuits, today it is gold, and tomorrow maybe it will be General Motors? Hedge fund managers, who know what they are doing, those who hedge and do not simply expensive mutual funds – know how to do one thing well and that is how to make money. The strategies might not always be juicy. The strategies may not always be favorable to many but all that matters is that it works. Investor get returns, […]