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Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.
Persons: , Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil
Editor’s note: The following contains spoilers about the series finale of “Billions,” titled “Admirals Fund.”After seven twisty seasons, with more double and triple crosses than you can shake a stock certificate at, “Billions” successfully landed the plane (OK, private jet) with its series finale, in a satisfying finish that reassembled the key players and even gave them time to take individual bows. For a show with so much bite and venom, it was oddly sentimental in generally the best of ways. The final season found a way to raise the stakes above high finance, with billionaire Mike Prince (Corey Stoll) running for president, exhibiting enough problematic qualities and questionable beliefs to inspire those within in his inner circle to turn against him and try to thwart his bid. If it wasn’t quite the game of catch scene from “Field of Dreams,” for these purposes the point was much the same. The “Billions” finale is playing on Paramount+ and will premiere October 29 on Showtime.
Persons: Mike Prince, Corey Stoll, Prince, immeasurably, Damian Lewis, Bobby “, ” Axelrod, Chuck Rhoades, Paul Giamatti, Jeffrey DeMunn, Chuck, , Brian Koppelman, David Levien, Bobby, Wendy, Maggie Siff, Mike “ Wags ” Wagner, David Costabile, , Steve Miller Organizations: , Showtime, Paramount
As the Showtime financial thriller “Billions” prepares to air its final episode this weekend, it’s worth considering how far we’ve come. The show started as the story of the crusading U.S. Attorney Chuck Rhoades (Paul Giamatti) and the hard-charging hedge funder Bobby Axelrod (Damian Lewis). Exclusive restaurants, elaborate schemes and a host of cameos by real-world power players provided the backdrop for their battle. In a video chat earlier this month they discussed the state of play and the fates of the major players in the series, without revealing who (if anyone) wins the final “Billions” battle. According to an otherwise cagey Koppelman, “The end of this show is really for ‘Billions’ fans.” These are edited excerpts from the conversation.
Persons: Chuck Rhoades, Paul Giamatti, Bobby Axelrod, Damian Lewis, Lewis, Brian Koppelman, David Levien, Andrew Ross Sorkin, Mike Prince, Corey Stoll, Chuck, Prince, , Wendy, Maggie Siff Organizations: Showtime, U.S, New York Times, CNBC Locations: Miami
Multiple celebrities say they have quit Twitter in the wake of Elon Musk's takeover. Now, some celebrities are making good on their threats to quit Twitter. Téa LeoniThe actress best known for her role in "'Madam Secretary" has also seemingly deleted her Twitter account. Gigi HadidThe fashion model took to Instagram to condemn Twitter, especially under Musk's leadership, announced she'd be deactivating her account. "I deactivated my Twitter account today.
Elon Musk's acquisition of Twitter has some in Hollywood heading for the exit. Bye," Rhimes tweeted to her nearly 2 million Twitter followers on Saturday afternoon, two days after the billionaire tycoon closed his $44 billion deal to purchase the service. Here's a running list of other folks from the overlapping worlds of television, movies, music and sports who say they plan to leave. Sara BareillesThe Grammy-winning singer/songwriter tweeted to her nearly 3 million followers on Sunday: "Welp. I’m coming off Twitter today—let’s see where we are when the dust settles."
Multiple celebrities say they have quit Twitter in the wake of Elon Musk's takeover. Musk's $44 billion deal to buy the social-media platform closed on Thursday. Screenwriter, producer, and showrunner Shonda Rhimes tweeted on Saturday: "Not hanging around for whatever Elon has planned. It follows online chatter in April, when some stars vowed to leave the platform after Musk's deal closed, citing concern over what the billionaire would do at the helm of the company. Now, some celebrities are making good on their threats to quit Twitter.
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