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The Latest Breaking News on Hedge Funds

British billionaire, owner of Tottenham soccer team, arrested on insider trading charges

British billionaire and Tottenham soccer team owner Joe Lewis is in custody and awaiting an initial appearance in a New York City courtroom, where he'll face insider trading and conspiracy charges

The Independent UK

Billionaire Leon Black accused of raping autistic teenager at Epstein townhouse

‘The violent and sadistic nature of Black’s rape left an indelible mark on her, both physically and psychologically,’ plaintiff Jane Doe alleges

The Independent UK

Tottenham Hotspur owner Joe Lewis charged with ‘brazen’ insider trading

Billionaire allegedly gave friends, employees and romantic partners information on companies in which he was investor

The Guardian - US

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Ackman Boldly Predicts Vivek Ramaswamy To Win GOP Presidential Race

Hedge fund manager believes Ramaswamy's message will attract center-right voters and challenge Trump.

Zenger

Piper Sandler Strategist Warns Of Overpriced Market As Investors Ignore Inflation Risk

Rising price multiples and low earnings growth expectations signal potential market correction.

Zenger

Florida student who tracked Elon Musk’s jet on Twitter launches new account on Threads

The college student behind the Twitter account tracking Elon Musk’s private jet, whose account was banned after the billionaire purchased that social media site, has started an account on Mark Zuckerberg’s new Twitter competitor, Threads.

Orlando Sentinel

Jeffrey Epstein 'planned to hire Prince Andrew to be an adviser for new consultancy'

Emails sent between paedophile Jeffrey Epstein and his private banker claimed to show they discussed hiring Prince Andrew as a "star advisor" for a new consultancy firm

Daily Mirror

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Buffett’s Berkshire Hathaway Reduces Stake In Chinese EV Maker BYD

Speculation arises over a divergence in investment strategies between Buffett and his deputy Charlie Munger.

Zenger

Inside Justice Alito's WSJ pre-buttal

The Journal editorial page accused ProPublica of misleading readers in a story that hadn’t yet been published

Salon

How Buffett’s Late-Night Call To Paulson Saved The Economy

Buffett's idea to inject capital into banks instead of buying assets proved to be a success in the 2008 financial crisis.

Zenger

Republican donor invested in UK firm owned by Tory peer close to Boris Johnson

Former Tory party adviser Lynton Crosby joined as director three months after hedge fund billionaire Kenneth Griffin invested £1m

The Guardian - UK

Wall Street Journal defends Alito op-ed, blasting ProPublica’s ethics investigation as ‘political assault’

Editorial board calls latest investigative report into Supreme Court ethics a ‘non-scandal built on partisan spin’

The Independent UK

Alito’s wrongdoing makes a supreme court ethics overhaul an imperative

Today’s supreme court is extremely powerful, increasingly political and decreasingly trusted. We need reform now

The Guardian - US

Leonard Leo has key role in SCOTUS mess

Billionaire Paul Singer and the lodge owner "were both major donors to Leo's political groups," ProPublica reports

Salon

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The Independent UK

Wall Street Journal under fire for Justice Alito op-ed: ‘This has simply broken my brain’

Justice used Murdoch paper to defend 2008 private jet trip to King Salmon Lodge in Alaska

WEKU

Justice Alito refutes ProPublica report he should have disclosed luxury trip

Justice Samuel Alito says he didn't have to disclose a 2008 luxury trip to Alaska, or the flight on a private jet of hedge fund billionaire Paul Singer who had several cases before the high court.

The Independent UK

Justice Alito tries to get ahead of damning report about billionaire gifts with defensive Wall Street Journal op-ed

Conservative justice defends taking private jet to Alaskan fishing trip with hedge-fund billionaire with business before the court as justices face ongoing ethics questions

Salon

"Beyond parody": Experts slam Alito trip

ProPublica asked Alito about the ethics concerns. He ran to the Wall Street Journal to attack their reporting

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news in one place.

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Daily Mirror

Donald Trump Jr's emails revealed as ex-president's son is accused of racism

The oldest son of former-President Donald Trump complained in the email about the number of Black families moving to Manhattan and complained that he will have to speak to his grandchildren in Spanish because so many Mexican people were coming into the US

The Independent UK

Shocking emails reveal Donald Trump Jr making offensive comments about Mexicans and Black people

The emails are part of a long-running legal dispute between a friend of Mr Trump and the friend’s former employer

StockNews.com

Should Investors Be Watching Berkshire Hathaway Inc. (BRK.B)?

Warren Buffett’s Berkshire Hathaway (BRK.B) is rebounding from the slump last year thanks to strength in its insurance business. So, is the stock worth adding to your watchlists now? Read on.

The Guardian - UK

Crispin Odey’s name to be removed from hedge fund he founded

Odey Asset Management plans complete rebrand after Tory donor forced out over misconduct claims

The Independent UK

George Soros hands control of $25bn empire to 25-year-old son Alex

George Soros says his son Alex ‘earned’ his right to reign over his multi-billion empire

Chicago Sun-Times

Billionaire investor, philanthropist George Soros cedes control of empire to a younger son

Alex Soros, 37, will take over operations of the $25 billion empire. He will also oversee the Open Society Foundations, funding human rights and democracy movements globally.

The Independent UK

‘Octopus’ Tory donor ‘kissed receptionist on top of the head and tried to fondle her breasts’

Hedge fund boss – said to have hired ‘earls and girls’ – facing allegations of abuse or harassment by 13 women

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