Being DiligentJul 4, 20205 minCase 007: WestgateJames Nicholson’s hedge fund dream ended with diminishing cash balance during the financial crisis. He told his clients Westgate Capital was
Being DiligentJun 14, 20208 minCase 006: WG TradingPaul Greenwood and Stephen Walsh’s 13-year Ponzi scheme collapsed in Feb 2009 when NFA conducted the first visit since the SEC’s 1995...
Being DiligentJun 4, 20205 minCase 005: AIJOn February 24, 2012, Japan’s Financial Service Agency suspended an investment advisory license of AIJ, a little known Japanese hedge fund
Being DiligentMay 31, 20204 minCase 004: Millennium GlobalMichael Balboa, portfolio manager of Millennium Global Emerging Credit Master Fund, Ltd., not only hid losses, but also inflated ...
Being DiligentMay 24, 20206 minCase 003: PettersThomas Petters successfully ran a $3 billion show over 13 years. His illegitimate "asset based lending" scheme seems to be very simple and..
Being DiligentMay 9, 20206 minCase 002: Philadelphia Alternative Asset ManagementHow important is it to have an established infrastructure for a hedge fund start-up? A trading error or loss of important financial data may
Being DiligentMar 29, 20206 minCASE 001: Bayou ManagementHow important is it to check the legitimacy of the audit firm? The importance of reviewing financial statements goes without saying.
