Zack Hampton Bacon III, Louis' older brother, was brought in to inform the fanciers that they would no longer be operating with the company they had been working for for years. Maybe these ones had not been able to fit in to the mold that Bacon was looking for, because other former Moore workers went on to establish their own hedge funds, heavily supported by Bacon's financial backing.
But in stark contrast, these dozen or so employees were let go without Bacon even facing them to explain why the harsh and dramatic decision was made. Zack Bacon did the sacking, and he was touted as the "clean up man" who would fix the problems and the image of Moore Capital in a desperate attempt to save its popular name.
But the elder brother may be no better than Louis, who last year had to deal with his company being listed as one of the subjects of an international multi-billion dollar hedge fund scam. Zack was set to marry Diandra Douglas, the recent ex-wife of Hollywood actor Michael Douglas. They have surrogate twin sons together, and Diandra finds herself once again annulling a once-committed relationship.
A Harper's Bazaar detailed report of her whirlwind lifestyle pointed out a crucial link that blows the whistle on what the Bacon's are really cooking for breakfast. "Her former business manager Kenneth Starr pled guilty to fraud, she was exposed to Bernie Madoff's Ponzi scheme through her investments in feeder fund Fairfield Greenwich Group, and the sale of her estate in the tony Santa Barbara enclave of Montecito fell through. (While it's on the market again for $29 million, Diandra is leasing it for events: Hilary Duff and Mike Comrie were the first to use it, for their August wedding," says Harper's Bazaar.
She was exposed in a Ponzi scheme?? Was she possibly fronting for her babies' daddy whose hands have probably long been involved in his brother's hedge fund business. If it's all in the family, there may be a whole lot more about this family's business practices around the world that should be investigated, including Bacon's Bahamas investments.
But in stark contrast, these dozen or so employees were let go without Bacon even facing them to explain why the harsh and dramatic decision was made. Zack Bacon did the sacking, and he was touted as the "clean up man" who would fix the problems and the image of Moore Capital in a desperate attempt to save its popular name.
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| Diandra is Zack Bacon's baby mama and Michael Douglas' ex-wife |
But the elder brother may be no better than Louis, who last year had to deal with his company being listed as one of the subjects of an international multi-billion dollar hedge fund scam. Zack was set to marry Diandra Douglas, the recent ex-wife of Hollywood actor Michael Douglas. They have surrogate twin sons together, and Diandra finds herself once again annulling a once-committed relationship.
A Harper's Bazaar detailed report of her whirlwind lifestyle pointed out a crucial link that blows the whistle on what the Bacon's are really cooking for breakfast. "Her former business manager Kenneth Starr pled guilty to fraud, she was exposed to Bernie Madoff's Ponzi scheme through her investments in feeder fund Fairfield Greenwich Group, and the sale of her estate in the tony Santa Barbara enclave of Montecito fell through. (While it's on the market again for $29 million, Diandra is leasing it for events: Hilary Duff and Mike Comrie were the first to use it, for their August wedding," says Harper's Bazaar.
She was exposed in a Ponzi scheme?? Was she possibly fronting for her babies' daddy whose hands have probably long been involved in his brother's hedge fund business. If it's all in the family, there may be a whole lot more about this family's business practices around the world that should be investigated, including Bacon's Bahamas investments.
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