Falcone’s Harbinger Capital Hedge Fund Down 47% In 2011
2011 was a brutal year for hedge funds, averaging a miserable -4% return for investors. Billionaire Phil Falcone was no exception as his huge bet on LightSquared dragged performance down to a…
ETFs Are Going BATS … and Why You Should Care!
Contributor Post By: Ron Rowland The ETF marketplace changed last month. You didn’t notice? Don’t worry, you’re not alone. Today I’ll tell you all about it. You already know that “exchange traded…
Coinstar Jumps Over 12% on Earnings
Proof that consumers still love a physical product, Coinstar (owner of Redbox) rocketed over twelve percent in after hours trading. The jump is attributed to a strong earnings report detailing 33%…
Sallie Mae: Fees the Unemployed, Then Deletes Backlash on Facebook
Nominal fees targeted at the demographics who will feel them most simply don't work. Bank of America thoroughly illustrated this concept with the short-lived monthly fee on their debit cards,…
Thinking of investing in a hedge fund? Here are some tips for sniffing out potential fraud. | UTAH SECURITIES FRAUD
Thinking of investing in a hedge fund? Here are some tips for sniffing out potential fraud. Posted on March 15, 2011 by Mark Pugsley This is the text of a terrific article that appeared in the Wall…
With Iran Offline, Oil Could Jump 30%
Despite our massive emergency oil reserves (see here), the IMF estimates a halt in Iran crude could produce a rather dramatic effect in the price of oil: "If Iran halts exports to countries without…
Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?
Guest Post By: Leo Kolivakis via Pension Pulse: Hidden Burden of Ultra-Low Interest Rates?. Matthew Philips and Dakin Campbell of Bloomberg report, Banks Join Pensions in Squeeze as Federal…
Fresh Off an Insider Trading Charge, Did Einhorn Sandbag Green Mountain?
Up 21% after hours yesterday and finishing today almost 24% from yesterday's close, it certainly seems that Green Mountain Coffee Rosters isn't the dark and gloomy picture that David Einhorn painted…
WATCH: Facebook’s $200 Million Graffiti Artist
WATCH: Facebook’s $200 Million Graffiti Artist Posted by Jackie Cohen on February 2nd, 2012 12:58 PM David Choe, the graffiti artist who covered Facebook’s walls took compensation in the form of…