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The Truth About Billionaire Soros' Big Moves

George Soros, the man who made $1 billion in a day by shorting the British pound, is returning all outside money invested in his hedge fund, citing new disclosure requirements in the Dodd-Frank Act. Coverage of this enormous story has so far been misleading. Here's what's really going on in Soros's head -- we think.

Hard Times Hit
the Hedge Fund Business

Is it really such awful work to be a billionaire hedge fund manager? After suffering unusual loses this year, two well-known fund managers, Stanley Druckenmiller of Duquesne Capital Management, and Paolo Pellegrini of PSQR, said last week that they were getting out of the business.