Sure, he only pays a rate of 8.97 percent in New Jersey state income taxes, but Appaloosa Management founder David Tepper has been the highest paid hedge fund manager in the industry for at least two recent years, and Appaloosa itself holds $20 billion in assets. In 2014, news broke that Tepper … [Read more...] about Hedge Fund Manager’s Divorce Busts New Jersey’s Budget
Archives for July 2017
End of Marriage Means the End of Famous New York Eatery
It took a while to get the full story, but when legendary Greenwich Village restaurant Da Silvano closed in December, there was more at play than an owner who was tired of fighting the economics of New York’s food industry. While initial reports noted the out of control rent for the building the … [Read more...] about End of Marriage Means the End of Famous New York Eatery