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Inside Elliott Management: How Paul Singer's Hedge Fund Always Wins

4 days ago   |   By

If not for the watermelons, Elliott might have won in Korea.
In the summer of 2015, the activist hedge fund founded by Paul Singer had gone to war in the Republic of Samsung to stop the South Korean conglomerate from going through with what Singer considered to be an unfair deal. Elliott Management, the hedge fund that Singer launched 40 years ago and still leads today, was then a large investor in Samsung's construction division. The trouble started when Jay Y. Lee, the son of the coma-bound chairman of the Samsung chaebol, started to consolidate power over Korea's biggest company. When...
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North Korea says war on the Korean Peninsula is inevitable

North Korea says war on the Korean Peninsula is inevitable

4 days ago   |   By

SEOUL, South Korea - North Korea says a nuclear war on the Korean Peninsula has become a matter of when, not if, as it continued to lash out at a massive joint military exercise between the United States and South Korea involving hundreds of advanced warplanes. In comments attributed to an unnamed Foreign Ministry spokesman, North Korea also claimed high-ranked U.S. officials, including CIA Director Mike Pompeo, have further confirmed American intent for war with a series of "bellicose remarks." Pompeo said Saturday that U.S. intelligence agencies believe North Korean leader Kim Jong Un...
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North Korea says US threats make war unavoidable on Korean Peninsula

4 days ago   |   By

U.S. military drills and threats against Pyongyang have made war on the Korean Peninsula "an established fact", North Korea's foreign ministry said.
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Trump officials were warned about Mike Flynn at least 6 separate times...

Trump officials were warned about Mike Flynn at least 6 separate times before firing him

Top officials on the Trump transition team and in President Donald Trump's administration were repeatedly warned about hiring Michael Flynn. They were warned that Flynn could... Read more ...

Poll: More Voters Believe Trump's Accusers Over Roy Moore's Ahead of Alabama...

Poll: More Voters Believe Trump's Accusers Over Roy Moore's Ahead of Alabama Senate Race

Voters in Alabama go to the polls Tuesday in the special election race for the Senate seat between Republican Roy Moore and Democrat Doug Jones. Here's a related and timely... Read more ...

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Even the Trump administration's own analysis shows the GOP tax plan won't...

Even the Trump administration's own analysis shows the GOP tax plan won't pay for itself

On Monday, the U.S. Treasury Department finally released its analysis of the GOP tax plan: a single page report that essentially concedes the analysis by the Joint Committee on... Read more ...

Democratic congresswoman asks Senate Sergeant at Arms to protect teen...

Democratic congresswoman asks Senate Sergeant at Arms to protect teen assistants from Roy Moore

A Democratic congresswoman urged the Senate Sergeant at Arms to take precautions in the event Roy Moore comes to the Senate and interacts with the Senate pages. The Senate page... Read more ...

NYC bombing suspect identified as 27-year-old Brooklyn resident from Bangladesh

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Trump's MeToo moment is coming on Monday - and the Republican party may pay...

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TRUMP: Failed New York City bombing shows why Congress needs to pass my...

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President Donald Trump called for congressional action after Monday's failed New York City terror attack. "Today's attempted mass murder attack in New York City - the second... Read more ...

Small Businesses Struggle With Year-End Payment Problems, Survey Shows

Small Businesses Struggle With Year-End Payment Problems, Survey Shows

By Rieva Lesonsky The end of the year is a good time for small and midsize business owners who benefit from U.S. consumers Read more ...

Roy Moore, facing allegations of sexual misconduct with teenage girls, sits...

Roy Moore, facing allegations of sexual misconduct with teenage girls, sits down for interview with 12-year-old girl

Alabama Senate candidate Roy Moore was interviewed by a 12-year-old girl. He has been accused of sexual misconduct with teenage girls when he was in his 30s. The interview... Read more ...