Moore Capital’s Barna Fired Following Hamptons Party Gone Awry

Moore Capital Management, the $15 billion hedge fund run by billionaire Louis Bacon, fired portfolio manager Brett Barna after reports about a party he hosted in the Hamptons in Long Island over the weekend.

“Mr. Barna’s personal judgment was inconsistent with the firm’s values," the firm said in an e-mailed statement. “He is no longer employed by Moore Capital Management.”