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SAC Capital
SAC Capital Advisors was a group of hedge funds founded by Steven A. Cohen in 1992. The firm employed approximately 800 peopleSteve Cohen's Trade Secrets Bloomberg.com, February 26, 2010 in 2010 across its offices located in Stamford, Connecticut, Stamford, Connecticut and New York City, and various offices. It reportedly lost many of its traders in the wake of various investigations by the U.S. Securities and Exchange Commission, Securities and Exchange Commission (SEC). In 2010, the SEC opened an insider trading investigation of SAC and in 2013 several former employees were indicted by the U.S. Department of Justice. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SAC Logo
SAC or Sac may refer to: Organizations Education * Santa Ana College, California, US * San Antonio College, Texas, US * St. Andrew's College, Aurora, Canada * Students' Administrative Council, University of Toronto, Canada * SISD Student Activities Complex, in El Paso, Texas, US * School-assessed coursework for Victorian Certificate of Education#Internal Assessment, Victorian Certificate of Education * Student Activity Complex, in Laredo, Texas, US Government and military * NATO Strategic Airlift Capability, multinational transport aircraft initiative *Senior Aircraftman, a Royal Air Force rank * Senior Assistant Commissioner, a rank in the police of Singapore and Malaysia * Southern Air Command (India), of the Indian Air Force * Special Agent in Charge of a criminal investigation * State Administration Council, governing Myanmar after the 2021 coup d'état China * Second Artillery Corps, later the People's Liberation Army Rocket Force, China * Shenyang Aircraft Corporation, Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Duperreault
Brian Charles Duperreault (born May 8, 1947) is a Bermuda-born American executive in the insurance industry. He is executive chairman and former CEO of American International Group. Duperreault's entire career has been in the insurance industry, beginning in 1973 as an actuary at AIG. He quickly rose through the ranks to become one of AIG's most senior executives, eventually heading all of AIG's international operations. He was regarded as a likely successor to CEO Hank Greenberg, but as Greenberg showed no signs of retiring Duperreault left AIG in 1994 to head ACE Limited, a boutique specialty-insurance company based in Bermuda. During his 10 years as chairman and CEO of ACE Limited, Duperreault transformed it into global multi-line insurance and reinsurance powerhouse. This also helped to transform Bermuda from an island nation with a small, reinsurance-focused market into a global insurance center. After retiring in 2006, upon request Duperreault came out of retirement in Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BlueCrest Capital Management
BlueCrest Capital Management is a British-American hedge fund which was founded by British billionaire Michael Platt and American William Reeves in 2000. The New York City-based company has registered offices in Geneva, Singapore, Boston, Connecticut, Toronto, São Paulo, Hong Kong and Jersey Jersey ( , ; nrf, Jèrri, label=Jèrriais ), officially the Bailiwick of Jersey (french: Bailliage de Jersey, links=no; Jèrriais: ), is an island country and self-governing Crown Dependencies, Crown Dependency near the coast of north-west F .... BlueCrest Capital Management is Europe’s third-biggest hedge-fund firm, managing over £30 billion. The firm's employees are estimated to number c.600. It also operates as Bluecrest Recruitment, BlueCrest Inc, BlueCrest Capital Management, Limited, and BlueCrest UK. Until 2014 it was BlueCrest Capital Management, LLP. It has a flagship fund BlueCrest Capital International Master Fund Limited, and a US fund BlueCrest Capital L.P. ''Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mathew Martoma
Mathew Martoma (born May 18, 1974, as Ajai Mathew Mariamdani Thomas) is an American former hedge fund trader. As a portfolio manager at S.A.C. Capital Advisors, he was accused of generating possibly the largest single insider trading transaction profit in history at a value of $276 million. A jury convicted him, and in November 2014 he began serving a nine-year prison sentence. He was incarcerated at FCI Miami as inmate 01138-104, and released early on 19 July 2021. Early life Martoma was born in Michigan and grew up in Merritt Island, Florida. His mother, Lizzie, is a doctor and his father, Bobby (formerly Cochukattil Thomas), owns a dry cleaning and laundry company. Both are immigrants from India. He graduated from Merritt Island High School in 1992. He graduated from Duke University and then attended Harvard Law School but was expelled in 1999 for grade manipulation and dishonesty. He had used computer software to create a fake transcript with better grades which he then se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portfolio Manager
A portfolio manager (PM) is a professional responsible for making investment decisions and carrying out investment activities on behalf of vested individuals or institutions. Clients invest their money into the PM's investment policy for future growth, such as a retirement fund, endowment fund, or education fund. PMs work with a team of analysts and researchers and are responsible for establishing an investment strategy, selecting appropriate investments, and allocating each investment properly towards an investment fund or asset management vehicle. Model In the 1950s, Harry Markowitz, an American economist, developed the modern portfolio theory. Jack Treynor (1961, 1962), William F. Sharpe (1964), John Lintner (1965) and Jan Mossin (1966) later build the Capital Asset Pricing Model (CAPM) on the theory of Markowitz. Nowadays, the CAPM is one of the primary portfolio management tools. The formula calculates the potential return percentage of an investment vehicle based on its vest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Summary Judgment
In law, a summary judgment (also judgment as a matter of law or summary disposition) is a judgment entered by a court A court is any person or institution, often as a government institution, with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters in acco ... for one party and against another party summarily, i.e., without a full Trial (law), trial. Summary judgments may be issued on the merits of an entire case, or on discrete issues in that case. The formulation of the summary judgment standard is stated in somewhat different ways by courts in different jurisdictions. In the United States, the presiding judge generally must find there is "no genuine dispute as to any material fact and the movant is entitled to judgment as a matter of law." In England and Wales, the court rules for a party without a full trial when "the claim, defence or issue has no real prospect of suc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morris County, New Jersey
Morris County is a County (United States), county located in the U.S. state of New Jersey, about west of New York City. According to the 2020 United States census, 2020 census, the county's population was enumerated at 509,285,QuickFacts Morris County, New Jersey United States Census Bureau. Accessed June 24, 2022. an increase of 17,009 (3.5%) from the 492,276 counted at the 2010 United States census, 2010 census,DP1 – Profile of General Population and Housing Characteristics: 2010 D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Morgan Keegan
Raymond James , Morgan Keegan is the name of the former Morgan Keegan & Co. business units acquired by Raymond James Financial on April 2, 2012. The combined firms’ subsidiaries engage primarily in investment and financial planning, investment banking, fixed income products and asset management. The combined firms’ Fixed Income group is located in the former Morgan Keegan corporate headquarters in Memphis, Tennessee. History Morgan Keegan was founded in Memphis in 1969 by Allen B. Morgan, Jr., James Keegan, Robert Gooch, Jr., and accountant Joseph C. Weller. Morgan had been with Courts & Co., Keegan was previously an over-the-counter trader at Equitable Securities, and Gooch had been with Kohlmeyer & Co. John Stokes joined shortly thereafter from Merrill Lynch. At the end of its first year, the company had 13 employees and $614,000 in capital.David FlauMorgan Keegan chairman to take leap into retirement years ''Memphis Commercial Appeal'', Sunday, December 30, 2007 In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairfax Financial Holdings
Fairfax Financial Holdings Limited is a Canadian financial holding company based in Toronto, Ontario, which is engaged in property, casualty, insurance and reinsurance, investment management, and insurance claims management. The company operates primarily through several subsidiaries, including Allied World, Odyssey Re, Northbridge Financial, Crum & Forster, Verassure Insurance, Onlia Agency Inc., and Zenith Insurance Company. The company was also the largest shareholder of Torstar with 40% of the Class B shares, as of May 2020. Fairfax is led by chairman and CEO Prem Watsa, who controls nearly half of the firm. History Market Fairfax was incorporated as Markel Service of Canada on March 13, 1951, and continued under the Canada Business Corporations Act in 1976. The name was subsequently changed to Markel Financial Holdings Ltd. In 1984, Prem Watsa left GW Asset Management to found his own asset management firm, Hamblin Watsa Investment Counsel Ltd. together with his for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Valeant Pharmaceuticals
Bausch Health Companies Inc. (formerly Valeant Pharmaceuticals International, Inc.) is a Canadian multinational specialty pharmaceutical company based in Laval, Quebec, Canada. It develops, manufactures and markets pharmaceutical products and branded generic drugs, primarily for skin diseases, gastrointestinal disorders, eye health and neurology. Bausch Health owns Bausch & Lomb, a supplier of eye health products. The company in its present form is the result of a merger between Valeant and Canadian firm Biovail. The company retained the Valeant name and J. Michael Pearson as CEO, but was incorporated in Canada and kept Biovail's headquarters. Valeant was originally founded in 1959 as ICN Pharmaceuticals by Milan Panić in California. Under the leadership of J. Michael Pearson, Valeant adopted a strategy of buying up other pharmaceutical companies which manufactured effective medications for a variety of medical problems, and then increasing the price of those medications. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canadians
Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of their being ''Canadian''. Canada is a multilingual and Multiculturalism, multicultural society home to people of groups of many different ethnic, religious, and national origins, with the majority of the population made up of Old World Immigration to Canada, immigrants and their descendants. Following the initial period of New France, French and then the much larger British colonization of the Americas, British colonization, different waves (or peaks) of immigration and settlement of non-indigenous peoples took place over the course of nearly two centuries and continue today. Elements of Indigenous, French, British, and more recent immigrant customs, languages, and religions have combined to form the culture of Canada, and thus a Canadian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
