Oh oh, news today .... Valvani, Visiums Fund Manager, was found dead..... Supposedly suicide.... Bashers, you don't know who you're working for! If Gale goes to the moon, and I were a short, I'd be scared! These hedge funds are ruthless!!!!
Another multi billion dollar hedge fund shutting down. Pulled this from Yahoo Finance article:
"Just days before Visium announced the shut down, one of its top portfolio managers — Sanjay Valvani — was charged with wire and securities fraud. He is accused of using insider information from a Food and Drug Administration official to place trades on drug companies ahead of key FDA decisions from about 2005 through 2011."