Irving Picard Could Be Biggest Winner In Madoff Scandal
According to Bloomberg, Picard charges $5,803 for a day's work. And now 800 Madoff investors who are trying to recover the funds they lost in the sprawling Ponzi scheme, are understandably angry at the trustee's hefty pay day.
The 'I' Word
Saying your company is innovative is one thing -- actually being an innovative company is another.
Quant Funds Enjoy 2011 Revival
Thanks to a run of steady performance by the markets and less than fierce competition in the aftermath of the financial crisis, quantitative funds are well-positioned for growth in the near-term.
Batterymarch Deploys FlexTrader EMS
The global equity specialist was looking for extensive pre-trade decision support and real-time trade analytics along with post-trade reporting.
Speed-to-Market Is Biggest Benefit Of Cloud Computing
Executives at the Wall Street & Technology Capital Markets Cloud Symposium noted that while cost savings and the ability to scale up and down are attractive cloud propositions, they were swayed to move to the cloud primarily by the ability to push products to the market much more quickly.
The SEC Deadline Dawdle
A lawyer who works with hedge funds says some firms are dragging their feet when it comes to registering with the SEC. And they're only hurting themselves.