MSNBC:
Sure, there's always an adventure that's more dangerous or more expensive, but adrenaline junkies without hedge funds still have plenty to chose from.
Hedge fund - Business - Investing - Funds - PAID. (Read More)
India Times:
Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of wiretaps. (Read More)
Wall Street Journal:
The telecommunications sector, the best performer this week, may have trouble hanging onto these gains in coming weeks if hedge fund appetite for defensive stocks wanes.
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Law News from Times Online:
Raj Rajaratnam, the hedge fund billionaire, accused Government investigators of violating his constitutional rights during its investigation of an insider trading ring that netted up to $53 billion.$. (Read More)
Reuters:
NEW YORK (Reuters) - Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of wiretaps. (Read More)
SeekingAlpha.com: Home Page:
Christopher Holt submits: The infinite monkey theorem states that a monkey hitting keys at random on a typewriter keyboard for an infinite amount of time will eventually bang out some sort of recognizable text, such as the co (Read More)
Financial Times:
Raj Rajaratnam, the billionaire founder of the Galleon hedge fund accused by the US Securities and Exchange Commission of insider trading, has rejected the charges against him. In a court filing on Tuesday, Mr Rajaratnam den (Read More)
MSNBC:
Raj Rajaratnam, the billionaire founder of Galleon Group, rejected federal insider trading charges, and accused the government of violating his constitutional rights with its use of wiretaps. RajRajaratnam - GalleonGroup - In (Read More)
CNN:
Back in 1988, long before Louis Bacon became the secretive hedge fund billionaire atop Moore Capital, he was walking the trading floor at Shearson Lehman when he spotted Chris Pia, a burly 21-year-old recruit. (Read More)
New York Times:
Raj Rajaratnam, the hedge fund executive accused of masterminding a $20 million insider trading ring, responded to civil fraud charges on Tuesday, attacking investigators' use of wiretaps and arguing that prosecutors omitted (Read More)
New York Times:
Man Group, the publicly listed hedge fund giant, saw its shares take a hit Tuesday after Credit Suisse downgraded the firm to "neutral" from "outperform," on valuation grounds. (Read More)
SeekingAlpha.com: Home Page:
Craig Pirrong submits: Several sites on the web (EG) have linked to my recent post on the AIG bailout, and included a hattip to Jim Chanos. Just curious if that is the “noted short seller” (and billionaire) Jim Chanos (a hed (Read More)
FT Alphaville:
Lehman Brothers International (Europe), where more than $35bn of hedge fund assets have been frozen since the bank's collapse last September, could return about $11bn to fund managers by March if enough firms approve a new pl (Read More)
New York Times:
The administrator for Lehman Brothers said Monday that it planned to seek support to remove claims against the bank from British courts and distribute assets directly to creditors by the first quarter of next year, provided e (Read More)
Reuters:
NEW YORK (Reuters) - Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank's collapse last September, could return about $11 billion to fund managers by March (Read More)
Huffington Post:
Danielle Chesi, a one-time sorority sister at the University of Colorado is a small fry compared with Rajaratnam, who managed $7 billion in 2008. Of all the alleged [Galleon] conspirators, though, she had the highest-placed s (Read More)
VentureBeat:
TV ad company Spot Runner has launched Project Malibu, their much anticipated web-based platform for buying and selling television advertising. The move comes after nearly two years of development, massive layoffs, a heated l (Read More)
Hedge Fund News:
New York (HedgeCo.net) – The seventh-largest U.S. public pension fund is reported to be investing $200 million in Asia private equity hedge funds. Bloomberg reported this morning that the Teachers Retirement System of Texas f (Read More)
Hedge Fund News:
UK-based emerging markets hedge fund firm, Insparo Asset Management has expanded their Africa & Middle East Fund with the appointment of Jamie Allsopp.Jamie has a strong background in fund management and African markets, ga (Read More)
SeekingAlpha.com: Home Page:
David C. Harzell is the owner and portfolio manager of Buffalo, NY based Cornell Capital Management, a private investment management firm that custom designs investment portfolios for small to midsize companies and high n (Read More)