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President Nicolas Sarkozy

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. French Industry Min: Against A New Cash-For-Clunkers Scheme

    French industry minister Arnaud Montebourg said Sunday he is not in favor of a new cash-for-clunkers scheme in France as the government looks for ways to encourage c...

  2. Wall Street Fleeing New York for Tax-Free Florida?

    John Thomas Financial CEO Thomas Belesis on businesses and the wealthy leaving states with higher taxes for low-tax states such as Florida.

  3. France Remained Biggest European Power Exporter In 2012 -RTE

    France remained the biggest net power exporter in Western Europe in 2012 despite a slight drop in its electricity production due to lower nuclear output, the French ...

  4. Franco-German motor sputters in crucial euro year

    Germany and France will put on a show of total unity this week to mark the 50th anniversary of the Elysee Treaty that cemented their post-war reconciliation.But bene...

  5. France to Pay EDF EUR4.9 Billion

    The French government Monday agreed to pay state-controlled power utility Electricite de France SA (EDF.FR) EUR4.9 billion ($6.57 billion) to cover costs related to ...

  6. France Launches Plan for Solar Power Rescue

    France has doubled its capacity target for photovoltaic power generation and offered more financial support to small solar power farms that use European-made panels ...

  7. France won't buy troubled Petroplus refinery: Hollande

    VAL-DE-REUIL, France (Reuters) - France will not take over insolvent Swiss refiner Petroplus' oil refinery in Normandy, but could help the plant financially once a s...

  8. Analysis: Steel reprieve comes at price for France's Hollande

    Francois Hollande's bid to rescue steel furnaces in France's historic industrial heartland was to be the mark of a president on the side of the workers and a state w...

  9. Analysis: Steel reprieve comes at price for France's Hollande

    Francois Hollande's bid to rescue steel furnaces in France's historic industrial heartland was to be the mark of a president on the side of the workers and a state w...

  10. French unions rage at Hollande over Mittal deal

    French trade unions accused President Francois Hollande of betrayal on Saturday after his government backed away from a threat to nationalize ArcelorMittal's Florang...

  11. French firms must fight China for stake in Africa: Moscovici

    French companies must go on the offensive and fight the growing influence of rival China for a stake in Africa's increasingly competitive markets, France's Finance M...

  12. Business leader denounces "scandalous" French plan for ArcelorMittal site

    The head of France's employers union branded government plans to take over ArcelorMittal's Florange steelworks as "scandalous" on Thursday, leading the government to...

  1. Austerity Roiling European Economics and Politics

    Europe is seeking a balance between austerity and growth that is thin as a razor and about as easy to traverse.Since the onset of the European debt crisis several ye...

  2. Lagarde says French misconduct case won't affect her IMF job

    The head of the IMF, Christine Lagarde, said on Thursday she had known since 2011 she would be questioned by a French court over an arbitration payment made to a wea...

  3. France May Sell Parts of State-Backed Companies

    The French government is considering selling portions of state-backed companies to help improve its finances, as the crisis in the euro zone's second-largest economy...

  4. Prosecutor Says Made No Decision on Sarkozy Case Yet

    The prosecutor overseeing the legal case against former President Nicolas Sarkozy said Friday he has made no decision on the case, denying a report from French newsp...

  5. Prosecutors Recommend Dropping Charges Against Sarkozy - Report

    French prosecutors will recommend that a case against former president Nicolas Sarkozy be dropped, French daily Le Parisien reports Friday, citing court documents.Ma...

  6. Paris Apartment Of IMF's Lagarde Searched: Reports

    The Paris apartment of International Monetary Fund Chief Christine Lagarde has been searched by French police who are probing her role in compensation that was paid ...

  7. Investigators Search IMF Chief's Paris Home

    French authorities searched the Paris flat of IMF chief Christine Lagarde on Wednesday as part of an investigation into her handling of a 2008 compensation payment t...

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