The ex-wife of one of America's richest men has sued the billionaire in New York for racketeering, saying he hid millions of dollars from her for decades. Patricia Cohen's lawsuit was filed Wednesday in federal court in Manhattan against hedge fund operator ...

CHICAGO (Reuters) - Federal prosecutors in the Galleon Group case have sent a subpoena to a former employee of SAC Capital Advisors, a sign that the scope of the probe into the largest hedge fund insider trading case in history is expanding, the Wall Street Journal reported, citing people familiar with the matter. The subpoena seeks trading records from Richard Grodin ...

Harking back to the blissful days of yore, when money-drenched financiers flipped their recently bought real estate to well-tanned out-of-towners for hilarious multimillion-dollar profits, Carren and Jeffrey Hendren have sold their townhouse at 45 East 74th Street for $10 million, $2.25 million more than they paid in June 2007. That year, Mr. Hendren co-founded S.A.C. Private Capital ...