A new high-profile hedge fund has just made a big hire

REUTERS/Toby Melville A high-profile newly launched hedge fund has hired a 15-year Deutsche Bank veteran. Ben Melkman’s Light Sky Macro, a New York-based macro hedge fund, hired Jérôme Saragoussi as director of trading strategy, according to people familiar with the matter. Saragoussi resigned from Deutsche Bank earlier this week, and his start date at Light […]

British & Irish Lions 2017 squad CONFIRMED: High-profile names miss out on All Blacks tour

Dylan Hartley became the third consecutive England captain to miss out on a British & Irish Lions spot after Warren Gatland left out Steve Borthwick in 2009 and Chris Robshaw in 2013. The hooker, whose junior team-mate Jamie George goes ahead of him, will not join the 16-strong England contingent but there are still several […]

2 high-profile jailbreaks have put the weakness of Mexico’s prisons on vivid display

Milenio On March 17, suspected Mexican drug trafficker Juan Jose Esparragoza Monzon busted out of a prison in northwest Mexico, accompanied by four other men. Monzon is the son of Juan Jose Esparragoza Moreno, the most reclusive member of the Sinaloa cartel’s triumvirate of chieftains, alongside the jailed “El Chapo” Guzman and Ismael “El Mayo” […]

2 high-profile jailbreaks have put the weakness of Mexico’s prisons on vivid display

Milenio On March 17, suspected Mexican drug trafficker Juan Jose Esparragoza Monzon busted out of a prison in northwest Mexico, accompanied by four other men. Monzon is the son of Juan Jose Esparragoza Moreno, the most reclusive member of the Sinaloa cartel’s triumvirate of chieftains, alongside the jailed “El Chapo” Guzman and Ismael “El Mayo” […]

Donald Trump just fired Preet Bharara — here’s a look at the Sheriff of Wall Street’s most high-profile cases

REUTERS/ Lucas Jackson Preet Bharara, the US attorney for the Southern District of New York and an Obama-era Justice Department appointee, was fired by President Donald Trump on Saturday after refusing to submit his resignation to Attorney General Jeff Sessions. Bharara earned a reputation as the “Sheriff of Wall Street” for his high-profile prosecutions of white-collar criminals […]

A high-profile hedge fund sent a letter explaining all the reasons it lost money last year, and why it is going to do better this time

Flickr/Alex Proimos A high-profile hedge fund founded by a Steve Cohen acolyte sent a letter to investors explaining all the reasons for its underperformance. In a January investor letter, Folger Hill’s Sol Kumin set out why his firm’s flagship fund dropped 17.5% last year. Among the cited reasons: a difficult environment for stock pickers, hedge fund “crowding” […]