The first rule of journalism is never to reveal the source of a story, and it's a mantra that any journalist worth his or her salt lives by. But the recent actions of one NYC hedge fund demonstrate not everyone feels the same sense of respect for the ethics of news reporting.
Elliott Management, a multibillion-dollar New York hedge fund, is on a witch hunt to identify who leaked its latest quarterly investment letter to AR:Absolute Return+Alpha magazine. The fund's founder, ...