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Is Greed Still "Good"?
Thursday, September 9, 2010 - 2:55pm | 365"Greed is good." It's hard to speak with someone who has not heard or used Gordon Gekko's infamous phrase before. Wall Street, originally released in 1987, was written and directed by Oliver Stone who is set to release a sequel September 24, "Wall Street: Money Never Sleeps." On Tuesday, the...
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Hedge Fund Trade Of The Week Is BUD
Tuesday, May 18, 2010 - 5:51pm | 146CNBC's post-market show, Fast Money, has introduced a new segment which highlights a stock that is growing in popularity among the hedge fund community. Anthony Scaramucci, who is a managing director at Skybridge Capital, said that the hedge fund trade of the week is Anheuser-Busch InBev (NYSE: BUD...
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Citigroup (C) Sells Hedge Fund Business
Wednesday, April 14, 2010 - 11:23am | 121Citigroup, Inc. (NYSE: C) has agreed to sell its hedge fund businesses to SkyBridge Capital, in the latest move by the banking giant to sell non-core businesses. Citigroup did not reveal the acquisition price for the sale of its Citi Alternative Investments unit. Citi Alternative Investments has $4...