Hints and tips:
...The idea of golf at Ferry Point can be credited to another larger-than-life New Yorker, the legendary planner Robert Moses....
...Mr Picard sued to recover $2.1bn in funds Tremont allegedly withdrew during the Ponzi scheme. The settlement also covers Robert Schulman, Tremont’s former chairman....
...Quinn, his confused father George, the estranged Renata, and Tremont (the black, alcoholic son of the man who lent the piano) weave through the unsettled city as black power protests over voting rights and...
...- Tremont forced to halt redemptions Tremont Capital Management, one of the main companies which funnelled investor money to Bernard Madoff, has been forced to halt redemptions in several of its funds...
...The Credit Suisse Tremont AllHedge index has fallen 5.77 per cent in the year to date, compared with an 11.39 per cent fall on the S&P 500....
...In Palm Beach, one of the main middlemen for Mr Madoff’s business was Robert Jaffe, according to several investors....
...At the same time Robert Schulman steps aside from the job to become president of the Rye Investment Management, the group single manager division, which accounts for $3.5bn in assets....
...Only over the longer term do the hedgies start showing their stuff, outpacing the FTSE All World Index by 68 percentage points since Credit Suisse and Tremont first started keeping tabs in 1994....
...As a result, the only sources of comparative performance information for hedge funds and FOFs are commercial data-gatherers such as TASS, a subsidiary of Tremont Capital Management....
...Brownback added that Miers had “the great misfortune of following Elvis” – meaning John Roberts, who breezed through confirmation....
...Only one hedge fund strategy the dedicated short bias which bets on falling markets has delivered a negative return over the last decade, according to CSFB-Tremont....
...Despite recent disappointing year-to-date returns of 2.75 per cent according to the CSFB/Tremont hedge fund index, assets under management now stand at $817bn....
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