Forget Gordon Gekko. Old-style City traders are being replaced by maths geniuses who use super-computers to beat the markets. But are ‘quants’ a force for good or evil? Photo: Getty Images <!– remove the whitespace added by escenic before end… Read More ›
Hedge fund
Making Millions Is Easy if You Cheat, SEC Says
LOS ANGELES (CN) – An L.A.-area investment adviser cherry-picked trades to scoop up $2 million for himself, while losing $4.4 million for his customers, the SEC claims in court. The SEC sued Aletheia Research and Management… Read More ›
Inside Capitol, Investor Access Yields Rich Tips
When Senate Democrats finally brokered a compromise over the proposed health-care law, a group of hedge funds were let in on the deal, learning details hours before a public announcement on Dec. 8, 2009. The news was potentially worth… Read More ›
Engineering Evil 