Tuesday, March 31, 2009

Goldman's Mathematical Modeling Failures Cut their TARP Strings; Iwanowski & Carhart Offer Retirement Excuse; De Santis Off to Greener Pastures...

DOW JONES NEWSWIRES The co-heads of Goldman Sachs Group Inc.'s (GS) quantitative investment management group and of its Global Alpha hedge fund have retired, Bloomberg News reported Tuesday on its Web site. Mark Carhart and Raymond Iwanowski left the firm Tuesday, the company confirmed. In addition, senior portfolio manager Giorgio De Santis also has left the firm. Full story at www.bloomberg.com/apps/news?pid=20601087&sid=am0ec1vXu_9A&refer=home -Dow Jones Newswires; 201 938-5500 Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=l7owLFDn%2BkJrDg3iJlhMLA%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires March 31, 2009 13:02 ET (17:02 GMT) Copyright (c) 2009 Dow Jones & Company, Inc.- - 01 02 PM EDT 03-31-09


Anonymous said...

Alpha was a losing fund, knew Iwanoski as a Chicagoan, just a computer hack imo. NO psychology in that "yes" man's mind.
Nikodemus Paulus

Anonymous said...

Anybody that leaves at 42 and says retiring is a liar.