he said/he said
Jan. 17, 2024
What Really Happened Between Joe Biden and Bill Ackman The two men did exchange barbs — perhaps jokingly — at a hedge-fund dinner. They were not talking about Biden’s deceased son.
the money game
Mar. 13, 2023
A Few Savvy Investors Saw Silicon Valley Bank’s Collapse Coming “I knew this was a giant bubble,” says one San Francisco–based hedge-fund manager.
the money game
Jan. 24, 2023
The Crypto Industry’s Favorite Bank Is in Deep Trouble Sam Bankman-Fried once lauded the tiny Silvergate Bank for being a key part of the crypto revolution. Will it survive his scandal?
the money game
Aug. 4, 2022
Why Smart-Money Investors Are Shorting Trump’s SPAC “Digital World isn’t just another dubious 2021 SPAC — it is a poster child for some of the worst abuses the investment vehicle has spawned.”
the money game
June 17, 2022
‘The Poster Child’ of the Tech Meltdown Secretive hedge fund Tiger Global changed the rules on tech investing. Then it all went bad.
the money game
June 12, 2022
The Clues You Missed: 5 Super-Obvious Signs We Were in a Financial Bubble Stocks and crypto are both plunging. There were some blinding warning lights flashing before the crash began. Did you see them?
the money game
Jan. 10, 2022
Washington, D.C., Has an Insider-Trading Problem Why are Fed governors trading as they move markets? Why is Nancy Pelosi speculating on Tesla shares?
the money game
Oct. 21, 2021
What’s the Deal With Donald Trump’s SPAC? After a surprise announcement, a Trump-linked stock skyrocketed — tripling in price and drawing in waves of retail investors.
the money game
Oct. 17, 2021
Why the ‘Big Short’ Guys Think Bitcoin Is a Bubble Are they onto something huge again — or just fighting the last war?
the money game
Sept. 2, 2021
The Big SPAC Crackdown SPACs have seen a massive two-year boom, resulting in a wave of companies going public. That might be coming to an end.
follow the money
July 16, 2019
Jeffrey Epstein’s Hedge-Fund Bets Gone Bad He took investment advice from a Wall Street friend, and came out on the wrong end of an accounting scandal featuring a dodgy Gulfstream jet purchase.
unsolved mysteries
July 11, 2019
Real Hedge-Fund Managers Have Some Thoughts on What Epstein Was Actually Doing He claimed he was one of them, but the people who know the business best don’t believe it. They see something else instead.
How a Group of Computer Geeks and English Majors Transformed Wall Street In the 1980s, a quiet hedge fund located above a Marxist bookstore launched a revolution that would change finance (and give us Amazon).
millionaires and billionaires
Oct. 27, 2017
Billionaire Republicans Privately Diss Trump “He’s amusing as my friend, but he’s not very amusing as president of the United States. And I’m a Republican.”
trump transition
Jan. 5, 2017
Trump Adviser Carl Icahn Is a Supernova of Conflicts of Interest The billionaire investor is the de facto deregulation czar. He seems especially interested in trimming rules that apply to his own companies.
Trump Adviser Anthony Scaramucci on Team Trump’s Economic Plan (and the Wall) “My guess is he’s going to build the wall and the Mexicans are going to pay for it. I think that’s going to happen.”
early and often
Oct. 13, 2016
Donald Trump’s D.C. Hotel Shows His Brand Is Sinking Along With His Poll Numbers Look to the Trump International Hotel in Washington, D.C., to see just how the campaign-as-business-advertising strategy has backfired.
early and often
Sept. 22, 2016
Wall Street Is Starting to Get Freaked Out About Donald Trump Markets have gotten more volatile as polls have tightened. Some seers think a Trump win could send stocks down 10 percent.
Judgment Day Has Come for Herbalife — and Bill Ackman Seems to Feel Just Fine The FTC didn’t take the harshest action possible. But the settlement could cause problems for the nutritional-shake purveyor going forward.
let the speculation begin
June 24, 2016
A Brexit Boom for Billionaires George Soros and other speculators may have cashed in on the market chaos Friday.
Meet the Wall Street Titans Who Back Trump Some of their peers think they’re liable to ruin their reputations.
White House Cracks Down on For-Profit Colleges The Department of Education plans to issue a rule that would forgive billions of dollars in loans granted to hundreds of thousands of students at for-profit schools that have defrauded or misled them.
The World’s Highest-Paid Hedge-Fund Manager Loves Leverage It worked well for him in 2015. Will the same be true this year?
class warfare
Apr. 28, 2016
Activists Have Declared War on Hedge Funds — and They Might Be Winning Large investors are pulling out money for both political and financial reasons. Does this mark the beginning of a long decline?
pyramid schemes
Apr. 12, 2016
Ackman Makes a Star Turn, While Losing Billions He’s featured prominently in a hot-ticket new documentary — and might be hoping that the film helps turn around a bad year at Pershing Square.