Last night we heard the best 'excuse' yet if you are caught with an Ashley Madison account, from Dan Loeb - "due diligence." Today, not to be outdone by a married hedge fund manager, Vice-President Joe Biden's son "Hunter" has unleashed...Show More Summary
... comes from Dan Loeb of Third Point, who as Gawker points out admits to being a member of the hacked cheating website: due diligence. To wit: “As my family, friends and business colleagues know, I am a prolific web surfer. Did I visit...Show More Summary
Billionaire hedge fund manager Dan Loeb had an account on cheating website Ashley Madison. Gawker reported the account Thursday, citing account data released by hackers. The Third Point CEO confirmed to Gawker via a spokesman that the account was his. Show More Summary
Your first mistake was being downright friendly, ya fraud.
Dan Loeb’s hedge fund complex Third Point is aiming a Japanese company for the fourth time in two years. The activist investor has taken a stake in Suzuki Motor (JP:7269), report Craig Trudell, Yuki Hagiwara and Dave McCombs at Bloomberg. Loeb has also invested in Fanuc (JP:6954), Sony (JP:6758) and jet engine maker IHI (JP:7013). Loeb [...]
Anyone suggesting otherwise can just back the hell off.
Excerpted from Third Point LLC's letter to investors, Lately, a varied chorus of powerful union bosses, politicians and candidates, an asset management company executive, and a few ivory tower types have asserted that activism is short...Show More Summary
Wisconsin Gov. Scott Walker (R) met with billionaire hedge-fund manager Dan Loeb on Wednesday, Business Insider has learned. Walker was seeking Loeb's key financial support ahead of his all-but-certain presidential campaign, but he didn't get it. Show More Summary
Ligand CEO John Higgins was brought in by raider Dan Loeb to slash costs at a bloated biotech firm. Seven years later he's still there, running a lean, mean cash machine.
The Third Point manager pulled out of Greece just in time.
Prominent dealmaker Jimmy Lee, the vice chairman of JPMorgan, unexpectedly died on Wednesday morning. He was 62. Lee's sudden death sent shock-waves through Wall Street with many of the industry's biggest titans mourning his loss. Lee had a lot of friends on Wall Street. Show More Summary
The hard times of the uber wealthy: Billionaire hedge fund manager Dan Loeb and Lightyear Capital Chairman Don Marron are among the collectors who will head to the Swiss city of Basel to check out the world’s largest modern and contemporary art fair. Art Basel opens to invited guests on June 16 in the quiet […]
Hedge fund titans Bill Ackman, Daniel Loeb and Carl Icahn are all playing nice these days. The three legendary activist investors spoke on a panel hosted by Institutional Shareholder Services (ISS) at the New York Athletic Club in Midtown...Show More Summary
The Third Point founder broke down his fitness routine for his old pal.