Sony E-mail Hacks Reveal Loeb's Influence
Wall Street is, in large part, the center of a game of fear, intimidation, greed and, in some cases, financial exhilaration. This game is best played by the masters and is exemplified by top hedge fund managers in the activist space. For the most part the fear an activist such as Third Point’s Dan Loeb instills inside the plush corner offices of corporate management is well known but not often documented. Activists are the one hedge fund category where a fund manager’s reputation can drive terror among their pray and, in the process, become a core reason for their success. Sony...