The hedge fund industry in a recession is like a week too long in Vegas, or dating someone with a personality disorder – a rollercoaster…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | October 14, 2009 11:47AM | No Comments »
After the slew of high-profile fraud cases that came to light as the recession deepened, things have settled down somewhat – fraud fans like us…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | August 6, 2009 12:03PM | 1 Comment »
After the powers that be decided there was no evidence linking her to her husband’s crimes, Ruth Madoff is off the criminal proceedings…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | July 30, 2009 12:00PM | 2 Comments »
The Allen Stanford saga just gets better and better. The orange cricket fan was good comedy value before the scandal hit, with his…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | July 8, 2009 10:59AM | No Comments »
Since the Madoff story broke, his wife Ruth presumably hasn’t been able to go anywhere without groups of her friends quickly winding up hushed conversations…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | July 2, 2009 11:02AM | No Comments »
Credit Suisse, those Swiss finance guys who do just about everything finance-y, have had a ton of bad form this week – one of their…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | June 10, 2009 1:23PM | No Comments »
Hey everyone, it’s Marc Dreier’s birthday today! Happy birthday Marc Dreier! What did you get? Some Wii games? Jonas Brothers tickets? Bail? Well, one out…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | May 12, 2009 10:59AM | 5 Comments »
Danny Pang, the Californian money-manager whose life has seemingly been unravelling since he was born, has finally gone into custody today. He’s been…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | April 29, 2009 1:35PM | No Comments »
Even in Eve Online, you’re no longer safe from crooked bankers keen on pocketing a few billion of other people’s cash; theĀ “massively…
Read more...
Posted by Mike Smith in Hot Money | February 9, 2009 10:22AM | 3 Comments »
Kazutsugi Nami is the latest to join the Ponzi hall of fame, allegedly committing a $2.5bn fraud in Japan. That means he’s burnt through more…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | February 6, 2009 12:14PM | 2 Comments »
The financial crisis has exposed yet more Ponzi-style wonkiness in the form of Nicholas Cosmo, who was arrested yesterday after an…
Read more...
Posted by Ben Beaumont-Thomas in Hot Money | January 27, 2009 1:09PM | 6 Comments »