Atlanta Hedge Fund Manager Found Guilty, Kills Self

As far as swindlers went, the late Kirk Wright hadn’t quite ascended to the top of the mountain. But he was fast coming within range. Wright, 37, had started and run International Management Associates (IMA), an Atlanta-based hedge fund which came to amass somewhere between $150 million and $200 million in paper assets. The problem […]

Player Suit Against NFL, Union in Hedge-Fund Scam to Proceed

It’s become a familiar story. High-paid professional athletes, advised by aggressive financial managers, put their assets in investments that go bust. In football alone, casualties have included Tony Dorsett, Lawrence Taylor and the late Johnny Unitas. Now several former pro football players burned out of an estimated combined $20 million believe they have a case […]