Monday, August 27, 2012

Big Money: Natural Gas Trader Sets Up Philanthropy Education Site

From Forbes:
Hedge fund titan John Arnold shocked the investment world in May when he announced he was retiring at age 38. “After seventeen years as an energy trader, I feel that it’s time to pursue other interests,” wrote the former Enron trader who was one of the industry’s best performers over the past decade.

At the time Forbes speculated that Arnold, who signed the Giving Pledge with his wife Laura in 2010 and whose foundation had assets of $711 million, according to a 2010 filing with the IRS, might devote more of his time to philanthropy.

Today we learn a bit more about John’s and Laura’s latest $4 million project. The couple, who now work in offices next to one another with a removable divider, launched the Giving Library, a collection of videos featuring 250 charities, on Tuesday to help philanthropists learn about the nonprofits....MORE
Major Adios: "Natural gas Trade Whiz Arnold Shutting Centaurus fund" (Special Bonus: Natural Gas Weather Forecast!)