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Leon Panetta

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In Vegas, investors strip hedge fund managers of their secrets

In Las Vegas this week, hedge fund investors rubbed shoulders with big-name managers, Hollywood heavies and political swells against a Bellagio hotel backdrop of glitz and gambling.For the fifth straight year, private jets dropped off billionaire managers to schmooze clients and share success recipes with legions of hedge fund faithful who came on commercial airliners for the SkyBridge Alternatives Conference, which ran from Tuesday evening through Friday.Anthony Scaramucci, founder of conference sponsor SkyBridge Capital and affectionately known as "the Mooch," played host to Daniel Loeb, one of the few managers producing big returns this year; Al Pacino; former French President Nicolas Sarkozy; and former U.S. Defense Secretary Leon Panetta.For many of the people attending what has become the $2.25 trillion industry's biggest annual event, the caliber of the panelists (including Jane Buchan who runs PAAMCO and Leon Cooperman who runs Omega Advisors) and the chance of discovering even...

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  1. Defense Sector Trapped Amid Fiscal Crossfire

    As the days of January tick by, so does the chance of an agreement from Congress to replace massive, arbitrary cuts to the nation's defense programs as part of an au...

  2. Americans Held Hostage In Algeria But Some Escape

    An attack on a remote Algerian gas plant operated by BP PLC and Statoil has resulted in foreign hostages, including Americans, accordng to reports on Thursday. But t...

  3. Terrorists Say Responsible for Attack on BP Field

    An Al Qaeda-linked terrorist group attacked a BP (NYSE:BP) gas field in Algeria on Wednesday and claims to have taken dozens of Western hostages, including several A...

  4. What Keeps the I-Man Working?

    Bo Dietl of Investigations.com asks the I-Man why he decided not to retire.

  5. Panetta Orders Military to Prepare for Defense Cuts

    FBN’s Sandra Smith breaks down the stories that moved the markets.

  6. Obama to Nominate Hagel, Brennan for Top Security Posts

    President Barack Obama on Monday will announce the nominations of Republican Chuck Hagel as his next defense secretary and White House counterterrorism adviser John ...

  7. Budget deal leaves U.S. defense sector in limbo

    Pentagon officials and weapons makers on Wednesday expressed relief after Congress approved a two-month delay in huge budget cuts, but warned that a longer-term fisc...

  8. Future Military Action?

    Col. North explains the fiscal cliff’s impact on support for troops overseas and why major budget cuts will leave the U.S. vulnerable.

  9. U.S. Congress backs bill authorizing $633 billion for defense in 2013

    The U.S. Congress approved the final version of the annual defense policy bill on Friday, authorizing $633 billion in defense spending for 2013, tightening sanctions...

  10. Congress Approves Bill Authorizing $633B for Defense in 2013

    The U.S. Congress approved the final version of the annual defense policy bill on Friday, authorizing $633 billion in defense spending for 2013, tightening sanctions...

  11. Bill authorizing 2013 U.S. defense spending edges toward completion

    U.S. lawmakers merged the competing House and Senate versions of the annual defense policy bill on Tuesday, approving a measure that authorizes $633.3 billion in def...

  12. Defense bill bans funding for joint missile program

    House of Representatives and Senate negotiators on Tuesday defied the White House and passed a defense budget bill that bans funding for the final year of a joint gr...

  1. McAfee Co-President on the Latest Trends in Cyber Security

    McAfee Co-President Mike DeCesare on the challenges in protecting businesses and government agencies from cyber attacks.

  2. Stuart Varney Explains Sequestration to the I-Man

    FBN’s Stuart Varney on the possibility of massive government spending cuts in the near future.

  3. Panetta: May Have to Put 800K Workers on Unpaid Leave

    Lt. Col. Ralph Peters on the impact of sequestration on the Pentagon.

  4. Sequestration Could Ignite M&A in Defense Industry

    The defense industry will likely see some accelerated merger and acquisition activity if Washington's plan for spending cuts kicks in as scheduled, analysts said thi...

  5. Panetta Formally Notifies Congress of Pentagon Furloughs

    Defense Secretary Leon Panetta formally notified Congress on Wednesday that the Pentagon plans to put civilian defense employees on unpaid leave this year if $46 bil...

  6. Senate Democrats Propose $55B in New Taxes

    FNC’s Andrea Tantaros and FNC political analyst Juan Williams on efforts to prevent the automatic spending cuts.

  7. Defense Secretary, Joint Chiefs Chairman Testify on Benghazi

    Former U.S. Ambassador to the U.N. John Bolton and FNC contributor Judith Miller on the investigation into the attack on the U.S. Consulate in Libya.

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