Tag Archives: hedge-funders in jail

A Wikipedia for investors

Now we have Valuewiki, a reader-built knowledge base for Wall Street confidence men to steal the money that we’ve neglected to spend on Jack Daniels and Oxycontin. The site works much like Wikipedia.org — anyone can contribute and edit existing … Continue reading

Posted in The City | Tagged | Leave a comment

Hurry, Hurry Get Yer Undervalued Stocks

Controlled Greed is a Virginia-based blog that specializes in identifying undervalued stocks, says editor John Bethel. That we spent time reading his blog is good reason for you stay far away from us and John Bethel’s picks. Financially-speaking, we have … Continue reading

Posted in The City | Tagged | 625 Comments

Another LSD Flashback

John M. Angelo.jpg

You heard it here first. John M. Angelo and Michael Gordon, chief honchos of meglo-hedge fund Angelo, Gordon & Co. (which describes itself as “specialists in non-traditional investments” and manages $12 billion in assets, and, we kid you not, has … Continue reading

Posted in The City | Tagged , , | 368 Comments

Find this man a jail cell.

straitjacket_new1.jpg

We don’t know a derivative contract from an IPO, but we do have some idea how much $5 billion is–roughly 5000 times what we’ve earned in our best year. $5 billion is how much hedge-funder Brian Hunter lost for Amaranth … Continue reading

Posted in The City | Tagged | 401 Comments

Beavis and Butt-head Do Wall Street

scholes.jpg

RECHARGER WANTS TO KNOW — ARE WE ALL SUCKERS? Can we not tell the difference between an Academy Award and a Nobel Prize in economics? Reading an account of the book When Genius Failed on Underthecounter.com, gets us thinking: could … Continue reading

Posted in The City | Tagged , , | Leave a comment