The detention of “kamikaze” Chinese hedge fund manager Xu Xiang for alleged insider trading on Sunday after a dramatic manhunt was front-page news, but to industry insiders it was the chronicle of a downfall foretold. Renowned as the “captain” of the “Limit-up Kamikaze Squad”, a loose-knit group of fund managers centred around the port city of Ningbo, Mr Xu favoured bets that were big, bold and bountiful. The squad’s nickname salutes its ...
Longtime Santana percussionist Raul Rekow has died. Rekow appeared on 16 Santana studio efforts, including 1999's Supernatural and Carlos Santana's most recent solo album, 2014's Corazon. He also played on recordings by Aretha Franklin, Herbie Hancock and Whitney Houston, while releasing solo music and doing instructional film work. more...
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