Hedge Fund Stumbles:

An Ongoing Series of Missteps from Ivan Boesky to SAC Capital Advisors

Recently Released!!!
Date Published: March 19, 2020
Summary PowerPoint Deck: 57 Slides
Reference PowerPoint Deck: 925 Slides


The purpose of this research is to provide readers with a comprehensive understanding of hedge fund stumbles and their impact on the financial services industry, various products & services, various markets & distribution channels, and specific financial services firms. This research addresses prominent hedge fund stumbles such as the Madoff Investments scandal, the Galleon Group scandal, the MF Global Holdings scandal, the Peregrine Financial Group scandal, & the SAC Capital Advisor scandal.

Hedge fund stumbles can be grouped into four phases, including:
  • Insurance Industry Stumbles Phase
  • Insider Trading Phase
  • Mutual Funds Industry Stumbles Phase
  • Ponzi Schemes Phase
Hedge fund stumbles can be defined to include dozens of stumbles, including:
  • Ivan Boesky
  • Saul Steinberg Birthday Party
  • Albert Ke-Jeng Hue
  • Front Point Capital
  • Stephen Schwarzman Birthday Party
  • Madoff Investments
  • Whitman Capital
  • Galleon Group
  • MF Global
  • Peregrine Financial Group Embezzlement
  • Primary Research (Expert Networks)
  • Leon Black Birthday Party
  • High Frequency Traders
  • Bill Ackman & Carl Icahn re Herbalife
  • SAC Capital Advisors
This research supports several conclusions for hedge fund stumbles, including:
  • The Continuation of Sub-Standard Industry Ethics
  • Hedge Funds, Investment Banks, Retail Banks, & Insurance Companies Continue to be the Most Frequent Repeat Offenders
  • Limited Historical Regulator Enforcement Success with the Emergence of Rock Star Enforcers






















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