Activism

Katherine the Great vs the activist investors

Katherine the Great vs the activist investors

Having waged war with the Argentine government and stirred up trouble at companies including National Express, Game Digital and Morrisons, Elliott Advisors is the kind of shareholder that keeps chief executives up at night. The New York hedge fund was founded by billionaire Paul Singer in 1977 and built its reputation buying up distressed debt, making…

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Metlife logo

Billionaire Bren Is Secret Owner Of NY’s MetLife Building

Billionaire Bren is secret owner of NY’s MetLife building

The owner of the MetLife Building, one of Manhattan’s most well-known skyscrapers, is not who most people think. California billionaire Donald Bren’s Irvine Co has built a 97.3 percent ownership stake in the 58-story tower in the past decade, said Dan Young, an executive vice-president at the closely held company. While Tishman Speyer is still the…

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reminiscences of a stock operator pdf

New Bill To Create Financial Rogues’ Register Makes Perfect Sense

New bill to create financial rogues’ register makes perfect sense

Some might say that American justice is a little skewed in favour of white-collar criminals. Compare the fate of your average rogue Wall Street trader with that of Junior Allen, a North Carolina man who was released from prison in 2005 after serving 35 years for stealing a black and white television. So yeah, a little…

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Vladimir Putin

Can Putin Survive?

Editor’s Note: This week, we revisit a Geopolitical Weekly first published in July 2014 that explored whether Russian President Vladimir … Read more

Gold

Gold Sucks!

Gold Sucks! by Biiwii [edit] a quick look around the interpipes tells me that there are people watching gold with … Read more

Steve Duneier, From Hedge Fund Manager To Yarn Bomber…

The Guerrilla Art of the Yarn Bomb Goes Natural

Relax. They didn’t come from Mars or some distant, undiscovered galaxy. The 10 aliens (and their 24 tents) that appeared in the backcountry of Santa Barbara, California, in late January were conceived in the backyard of a hedge-fund manager turned yarn bomber. “Yarn bombing,” for those out of the loop, is a public and oft-times guerrilla…

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