Lawmaker pushes review of SocGen’s rogue trader tax writeoff

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Lawmaker pushes review of SocGen’s rogue trader tax writeoff (via AFP)

A French lawmaker said Thursday she had succeeded in getting authorities to review the 1.7-billion-euro ($2.3 billion) tax writeoff that Societe Generale took over rogue trading losses. The bank incurred a loss of nearly five billion euros in 2007 when…

This Top Value Hedge Fund Is Killing It This Year So Far

Stone House Capital PartnersStone House Capital Partners returned 4.1% for September, bringing its year-to-date return to 72% net. The S&P 500 is up 14.3% for the first nine months of the year. Q3 2021 hedge fund letters, conferences and more Stone House follows a value-based, long-long term and concentrated investment approach focusing on companies rather than the market Read More

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