According to the New York Times, a New York hedge fund Alden Global Capital may have to fend off a new suitor for Tribune Publishing that owns major metropolitan dailies across the country, including The Chicago Tribune, The Daily News and The Baltimore Sun. Questions Who is the group that may want to control Tribune… Read more »
Posts Tagged: hedge fund
An Age of Trust and Undying Loyalty
According to the New York Times, Sears may be struggling to survive after filing for bankruptcy in October, since its rundown and empty stores symbolize a has-been company that failed to adapt. But across the country, legions of former Sears workers like Mr. Atwood, a retired truck driver, gather regularly to reminisce about their long… Read more »
Big Brother and Hedge Fund Land
Ray Dalio, billionaire founder of the world’s largest hedge fund, Bridgewater Associates, claims that one of his firm’s core operating principles is “radical transparency, regarding employee grievances and concerns. However, according to Stevenson and Goldstein in this New York Times article, at least one Bridgewater employee sees the firm as a “cauldron of fear and… Read more »