Search results
Results from the WOW.Com Content Network
MF Global, formerly known as M an F inancial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011. MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting.
The Madoff investment scandal was a major case of stock and securities fraud discovered in late 2008. [1] In December of that year, Bernie Madoff, the former Nasdaq chairman and founder of the Wall Street firm Bernard L. Madoff Investment Securities LLC, admitted that the wealth management arm of his business was an elaborate multi-billion ...
Refco was a New York City -based financial services company, primarily known as a broker of commodities and futures contracts. It was founded in 1969 by Raymond Earl Friedman as R ay E. F riedman and Co. Prior to its collapse in October, 2005, the firm had over $4 billion in approximately 200,000 customer accounts, and it was the largest broker ...
Website. pershingsquarecapital.com. Signature. William Albert Ackman (born May 11, 1966) is an American billionaire hedge fund manager, who is the founder and chief executive officer of Pershing Square Capital Management, a hedge fund management company. [6] His investment approach has made him an activist investor.
hedge fund manager. Known for. Shorting the 2007 mortgage bond market by swapping collateralized debt obligations (CDOs) Founding and managing Scion Asset Management. Michael James Burry ( / ˈbɜːri /; born June 19, 1971) [2] is an American investor and hedge fund manager. He founded the hedge fund Scion Capital, which he ran from 2000 until ...
Musk's pay package, which consists of performance-based targets that trigger stock option awards that he must hold for a period of five years before exercising, was valued at $56 billion at the ...
The following contains a list of trading losses of the equivalent of US$100 million or higher. Trading losses are the amount of principal losses in an account. Because of the secretive nature of many hedge funds and fund managers, some notable losses may never be reported to the public.
SAC Capital Advisors was a group of hedge funds founded by Steven A. Cohen in 1992. The firm employed approximately 800 people [1] in 2010 across its offices located in Stamford, Connecticut and New York City, and various offices. [2] It reportedly lost many of its traders in the wake of various investigations by the Securities and Exchange ...