by Christopher Miller | 7 Mar 2018
Every now and again, an article about hedge funds appears that is so bad it’s good. This one by Gregory Meyer, a markets reporter at the FT is one of those. By twisting a reasonable quote to mean something completely different, he diverts attention away from...
by Christopher Miller | 8 Jul 2015
In a classic case of bank impersonation, a hedge fund, Fortelus, lost USD 1.2 million when someone posing as their bank tricked Fortelus’ Chief Financial Officer into generating secure codes to supposedly cancel suspicious transactions. But in fact, the codes...
by Christopher Miller | 30 Dec 2014
Michael Platt’s BlueCrest Capital Management is said to be suing Meredith Whitney’s hedge fund for redemption of its investment, according to Max Abelson at Bloomberg News. Her New York-based firm, Kenbelle Capital, manages the American Revival Fund, which has...
by Christopher Miller | 21 Oct 2013
With an innovative twist on the old “Man bites dog” story, I hear that Co-Op Bank bondholders have opposed the bank’s plans to take more money from them, and instead agreed to convert their secured loans into the ailing bank’s shares. But when you...