MOST RECENT ARTICLES BY:

Michelle Celarier

  1. follow the money
    How Jeffrey Epstein Lost $80 Million in a Hedge-Fund Bet Gone BadHe took investment advice from a Wall Street friend, and came out on the wrong end of an accounting scandal featuring a dodgy Gulfstream jet purchase.
  2. unsolved mysteries
    Real Hedge-Fund Managers Have Some Thoughts on What Epstein Was Actually DoingHe claimed he was one of them, but the people who know the business best don’t believe it. They see something else instead.
  3. select all
    How a Group of Computer Geeks and English Majors Transformed Wall StreetIn the 1980s, a quiet hedge fund located above a Marxist bookstore launched a revolution that would change finance (and give us Amazon).
  4. millionaires and billionaires
    Billionaire Republicans Privately Diss Trump“He’s amusing as my friend, but he’s not very amusing as president of the United States. And I’m a Republican.”
  5. he said/he said
    What Really Happened Between Joe Biden and Bill AckmanThe two men did exchange barbs — perhaps jokingly — at a hedge-fund dinner. They were not talking about Biden’s deceased son.
  6. Trump Adviser Carl Icahn Is a Blinding Supernova of Conflicts of InterestThe billionaire investor is the de facto deregulation czar. He seems especially interested in trimming rules that apply to his own companies.
  7. Trump Adviser Anthony Scaramucci on Team Trump’s Economic Plan (and the Wall)“My guess is he’s going to build the wall and the Mexicans are going to pay for it. I think that’s going to happen.”
  8. Hedge-Fund Manager Whitney Tilson Is Selling the Trump Stock-Market RallyHe’s positioning for a world where uncertainty reigns.
  9. early and often
    Donald Trump’s D.C. Hotel Shows His Brand Is Sinking Along With His Poll NumbersLook to the Trump International Hotel in Washington, D.C., to see just how the campaign-as-business-advertising strategy has backfired.
  10. early and often
    Wall Street Is Starting to Get Freaked Out About Donald TrumpMarkets have gotten more volatile as polls have tightened. Some seers think a Trump win could send stocks down 10 percent.
  11. shortages
    Judgment Day Has Come for Herbalife — and Bill Ackman Seems to Feel Just FineThe FTC didn’t take the harshest action possible. But the settlement could cause problems for the nutritional-shake purveyor going forward.
  12. let the speculation begin
    A Brexit Boom for BillionairesGeorge Soros and other speculators may have cashed in on the market chaos Friday.
  13. Meet the Wall Street Titans Who Back TrumpSome of their peers think they’re liable to ruin their reputations.
  14. White House Cracks Down on For-Profit CollegesThe Department of Education plans to issue a rule that would forgive billions of dollars in loans granted to hundreds of thousands of students at for-profit schools that have defrauded or misled them.
  15. The World’s Highest-Paid Hedge-Fund Manager Loves LeverageIt worked well for him in 2015. Will the same be true this year?
  16. class warfare
    Activists Have Declared War on Hedge Funds — and They Might Be WinningLarge investors are pulling out money for both political and financial reasons. Does this mark the beginning of a long decline?
  17. pyramid schemes
    Ackman Makes a Star Turn, While Losing Billions He’s featured prominently in a hot-ticket new documentary — and might be hoping that the film helps turn around a bad year at Pershing Square.