- Short Squeez
- Archive
- Page 36
Archive
๐ Mormon Hedge Fund
The Church of Jesus Christ of Latter-day Saints (better known as the Mormon Church) just got a $5 million slap on the wrist from the SEC for playing a game of financial hide-and-seek with their investments.ย Turns out, their investment arm, Ensign Peak Advisors, kept their $32 billion equity portfolio on the down-low for 22 years.ย
๐ Hedge Funds Giving NFL-Like Contracts
2022 was a rough year on Wall Street for investment bankers. But it turns out some elite hedge fund managers are doing better than ever.ย When it comes to hiring and retaining the brightest financial minds, the top hedge funds are pulling out all the stops. A recent report has revealed that the biggest names in the game are dishing out upwards of $60 million per year to woo and retain top talent.
๐ Ending the Unicorn Illusion
The safety net for America's prized "unicorn" companies may soon be ripped away. The SEC is pushing for a change that would force these private startups to shed their veil of secrecy and reveal their true financial standing to investors. No longer will these companies be able to hide behind their privilege of keeping their financial records under wraps.