mustique

No Holiday Vacation for the Noel Family?

cityfile · 12/23/08 10:01AM

What happens when you run a hedge fund and you lose $7.5 billion as part of one of the biggest scams in Wall Street history? Your plans to jet off to Mustique for Christmas might go awry, for one. The Times UK reports that members of the Noel family may not be heading down to their lavish Caribbean retreat after all. Presumably they'll be forced to spend the holidays at their manse in Greenwich. Perhaps fellow hedge fund manager Paul Tudor Jones will invite them over to admire his Christmas decorations instead? Probably not! [Times UK via Dealbreaker]