Exclusive: Venezuela increased fuel exports to allies even as supply crunch loomed

HOUSTON/CARACAS (Reuters) – A gasoline shortage in OPEC member Venezuela was exacerbated by an increase in government-sanctioned fuel exports to foreign allies and an exodus of crucial personnel from state-run energy company PDVSA, according to internal PDVSA...

Breakingviews: Eton Park becomes latest to show hedge fund model isn’t sustainable

Eric Mindich has led a charmed professional life. He began working at Goldman Sachs while earning an economics degree at Harvard, and made partner at 27 – at the time the youngest in the Wall Street firm’s history. He quit in 2004 and launched a hedge fund...