USA
Economy
Curtains for Clinton Son-in-Law’s Hedge Fund for Greece
The hedge fund co-founded by Marc Mezvinsky, Bill and Hillary Clinton's son-in-law, suffered losses following misplaced faith in Greece's economic recovery. Just two years after it was launched, Eaglevale Partners LP, is rumored to be generating staggering losses for...
Economy
Clinton’s Son-in-Law, Co-founder of Hedge Fund Loses Money on Greek Recovery
Bill and Hillary Clinton's son-in-law Marc Mezvinsky is the Co-founder of a hedge fund that lost money as the fund focused on the recovery of the Greek economy, a Business Insider report says.
"Despite having Goldman Sachs CEO Lloyd Blankfein...
Diaspora
Veteran’s Day: Greek-Americans Who Served Nation With Devotion
Throughout American history, many thousands of Greek-American veterans have served the nation with pride and distinction. They are all honored every Veteran's Day, along with all the others who have devoted years of service in the American military.
These are...
Business
George Soros Hands Reins of $25bn Empire to Son Alex
US billionaire philanthropist George Soros has handed over the running of his $25bn financial and charitable empire to his son Alex.
The Hungarian-born financier said his son had "earned it", in an interview with the Wall Street Journal.
Alex is the...
Business
George Soros Cashes Out on Elon Musk’s Tesla
Billionaire George Soros cashed out on Elon Musk's Tesla's impressive stock-market rebound this year by selling his entire stake in the first quarter.
According to regulatory filings, Soros Fund Management, the financier's hedge fund, liquidated all Tesla shares acquired since...
Business
Bankman-Fried Founder of Failed Crypto Empire FTX Arrested
Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was arrested Monday in the Bahamas at the request of the U.S. government.
In a statement, the government of the Bahamas said the arrest came after officials received "formal notification...
Crime
Michael Steinhardt Gives Up Antiquities Worth $70 Million
Hedge-fund titan and philanthropist Michael Steinhardt surrendered 180 antiquities from his collection on Monday. The objects are currently valued at $70 million. Steinhardt has also accepted a life-time ban from collecting antiquities as part of the plea agreement.
Steinhardt gave...
Business
AMC Will Begin to Accept Cryptocurrency as a Form of Payment
AMC, currently the largest movie theater chain in the world, will begin accepting Bitcoin and other forms of cryptocurrency as payment for movie screenings and concessions.
The company's CEO, Adam Aron, announced the groundbreaking news on Wednesday by tweeting “Cryptocurrency enthusiasts:...
Business
Donald Trump Calls Bitcoin a “Disaster Waiting to Happen”
Former President Donald Trump argued that bitcoin and other cryptocurrencies are "potentially a disaster waiting to happen" during an appearance on Fox Business.
When asked if he himself has invested in Bitcoin, Trump stated that he "likes the currency of...
Culture
Alexander Payne Reunites With Paul Giamatti for “The Holdovers”
Greek-American director Alexander Payne recently cast Paul Giamatti in his new movie "The Holdovers." Payne and Giamatti had previously collaborated on the director's 2004 movie "Sideways."
The Plot of "The Holdovers"
"The Holdovers" takes place in a prestigious private boarding school...
Archaeology
Looted Greek Antiquities Seized from Billionaire’s Home, Authorities say
Authorities seized several Greek antiquities from the home and office of billionaire Michael H. Steinhardt on Friday, on the grounds that they have been looted, a New York Times report says.
Mr. Steinhardt, a philanthropist and hedge fund manager, is...
Economy
Calamos: Global Economic Review & Outlook
guest -
John P. Calamos Senior* and Gary Black** share their thoughts on global economic trends.
The global economy can maintain its slow recovery trajectory, supported by accommodative monetary policy and low inflation.The U.S. is in the middle innings of recovery, China is...
Business
ΝΥΤ: Window of Opportunity for Greece and Its Investors
Greece has been the markets’ whipping boy for most of the past four years. But in the past few months sentiment has changed and international investors are bottom fishing — in particular for banking assets.
According to New York Times,...
Business
Foreign Investors Look at Greece Again
Still locked out of private markets and depending on continuing international aid, Greece's hopes of trying to increase revenues by luring foreign companies put off by its reputation for corruption, inefficiency and red tape are looking more favorably at...
Economy
American Billionaire Wins Big on Greek Debt
American billionaire Dan Loeb' hedge fund Third Point, made a $500 million profit off his holdings in Greek bonds when the government bought them back for far more than he paid for them, as he capitalized on his bet...