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Other charges he faces include wrongfully transferring assets overseas and hiding the proceeds of a crime. “I have never asked anyone, including the president, for anything for the company or my personal gain,” said Lee in a final statement, his voice .
Scion Asset Management, the hedge fund popularized in Michael Lewis's book "The Big Short" and run by Michael Burry, dumped its stake in Apple Inc. AAPL, +0.49% and loaded up on Google parent Alphabet Inc. GOOGL, +1.20% in the second quarter, according to.
Even with the drop in oil prices, Mr. Zinke estimates that had drilling continued apace, Interior would have no maintenance backlog today and would instead be making capital investments of $3 billion to $4 billion a year. ... Today's environmental.
A hedge fund run by the scion of New York real estate dynasty is returning money to outside investors amid poor performance, according to documents seen by Business Insider. The fund is O-Cap Management , a small New York-based hedge fund managed  .
Burry came back in 2013 to raise money for a new fund, Scion Asset Management. Loyal to his investing principles, Burry didn’t have many positions in Scion’s equity portfolio after the comeback, with the first 13F filing from Scion Asset Management.
More about Fidelity International's surprise announcement last week that it will charge lower fees for underperformance and higher fees for outperformance on the active funds it manages. Abigail Johnson, chair ... the billionaire scion of the Johnson.
Recently, Scion Asset Management, the hedge fund founded by Michael Burry, one of the key protagonists from "The Big Short", reported on its long holdings. An earlier GuruFocus article highlighted his heavy weighting toward financials; however, his single.
The real-life hero from “The Big Short,” Dr. Michael Burry, the founder of hedge fund Scion Asset Management, just filed the stocks he’s been buying and selling. According to his fund’s 13-F for the second quarter, Burry exited his positions in.
is set to launch a new hedge fund. Burry shuttered his Scion Capital five years ago, having earned investors nearly 500% over its eight-year lifespan. But Burry has now set up Scion Asset Management and is seeking as much as $200 million for the new vehicle.