The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies.
Tag: Hedge Funds
With a Big Tax Break, Hong Kong Tries to Soothe the Rich
Beijing, which can’t afford to let its attack on civil liberties scare away global banks and financiers, is offering them a big tax break and other perks.
A Hedge Fund Bailout Highlights How Regulators Ignored Big Risks
The Dodd-Frank financial law succeeded at making banks safer, but empowered shadowy corners of finance that nearly wrecked the system in March.
‘He’s Buying Up Brixton’: Beloved Grocer’s Eviction Sparks Gentrification Fight
In south London, people rebelled when a developer, backed by an American hedge fund, tried to evict Nour Cash & Carry.
How a Neighbors’ Feud in Paradise Launched an International Rape Case
The fashion executive Peter Nygard has clashed for years with his neighbor in the Bahamas, the billionaire Louis Bacon. The latest development is a lawsuit saying Mr. Nygard sexually exploited teenage girls.
As McKinsey Sells Advice, Its Hedge Fund May Have a Stake in the Outcome
The world’s most prestigious consulting firm has a secretive $12.3 billion investment arm, prompting questions about conflicts of interest.