Word: fusaro
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...risk taking is very much alive. About 500 hedge funds, up from 180 in less than two years, have more than $100 billion at work in the energy sector, says tracker Peter Fusaro, head of Energy and Environmental Capital Management. "We're in the middle of the vortex," he says, pointing to hot economies in Houston and Calgary, Canada. "The bigger issue is--get to know your risks. Enron was the dumbest energy company in the world...
...rubouts, which Hynes likens to a "B movie," began with Henry Smurra, a middle-aged Colombo soldier who was shot in the head on the night of Nov. 24 while sitting in his red Lincoln Continental outside a Dunkin' Donuts shop. One Colombo associate, Vincent Fusaro, received season's greetings in the form of a bullet to his head as he hung a Christmas garland on the door of his Brooklyn home. Another wiseguy, a 79-year-old bookie, was blown away in broad daylight while playing cards at a social club; his 47-year-old girlfriend managed to walk...
Guilty. In New York courts last week, two skimmers of the land's fat got the bill. Grey Marketeer and Lawyer Isadore Ginsberg (TIME, Jan. 26) was convicted of grand larceny (for accepting $1,575 for a carload of rock lath that he never delivered). Gus Fusaro, $50-a-week financial district elevator man who played the market for his friends and lost $250,000 of their money, was convicted of grand larceny and operating a bucket shop...
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