E. Jean Carroll Promises to ‘Do Something Good’ With Trump Trial Money
As soon as E. Jean Carroll heard the verdict on Friday — $83.3 million in defamation damages against Donald J. Trump — a world of possibility opened before her: How to use the money? The amount vastly eclipsed the $5 million awarded to her by a jury last spring in a different trial against Mr. […]
Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.
Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of Covid precautions that had almost completely sealed China’s borders for nearly three years. They are using their savings to buy overseas apartments, stocks and insurance policies. Able to fly again to Tokyo, London and New […]
How Does the World’s Largest Hedge Fund Really Make Its Money?
For years, the whispered questions have passed from one Wall Street trading floor to the next. Bridgewater Associates, a global investing force, had $168 billion under management at its peak in 2022, making it not just the world’s largest hedge fund, but also more than twice the size of the runner-up. Bridgewater’s billionaire founder, Ray […]