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For one hedge fund: A heartbreaking week of staggering gossip

Mar 29, 2013
What do a $155 million Picasso, a $60 million Hamptons home, a $600 million fine and a trader in handcuffs have in common? The answer: a tumultuous week for high-profile hedge-fund titan Stephen A. Cohen.
Posted In: hedge funds, insider trading, sac capital
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Women outperform men in hedge funds

Jan 17, 2013
According to a report by consulting firm Rothstein Kass, hedge funds managed by women have been outperforming those run by their male counterparts.
Posted In: hedge funds, women
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After all those foreclusures, not so many houses for sale

Dec 7, 2012
Some cities with high foreclosure rates actually have housing shortages now, not a glut of foreclosed houses on the market. President Obama's mortgage-relief plan has helped, but another factor is hedge funds investing in houses to rent out.
Posted In: Housing, foreclosures, hedge funds
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In insider trading cases, getting to the top of the food chain

Nov 29, 2012
Insider trading charges could be coming to one of the nation’s biggest hedge funds: SAC Capital Advisors. But will investigators implicate the hedge fund's owner?
Posted In: insider trading, hedge funds
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Argentina ordered to repay $1.3 billion to U.S. hedge funds

Nov 23, 2012
Argentina is probably not feeling very thankful this morning. It's still digesting a U.S. court ruling involving a decade-long debt fight.
Posted In: Argentina, hedge funds
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U.S. prosecutors go after SAC hedge fund for insider trading

Nov 21, 2012
U.S. prosecutors have filed their biggest-ever case of insider trading. The allegation: SAC Capital Advisors, a hedge fund, got early warning about the failure of an Alzheimer's drug in clinical trials. That info let the fund sell its holdings in the companies behind the drug, and reap $276 million.
Posted In: insider trading, hedge funds
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Hedge fund honcho seeks to oust congressman

Sep 11, 2012
Super donor Robert Mercer is bankrolling a new super PAC trying to oust Rep. Tim Bishop, D-N.Y., in his home district
Posted In: super PAC, hedge funds, 2012 election
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Hedge funds aren't so good after all

Jan 24, 2012
"If all the money that's ever been invested in hedge funds had been put in Treasury bills instead, the results would have been twice as good," says Simon Lack. Oops.
Posted In: Investing, hedge funds, pension funds
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FBI nabs 7 for insider trading

Jan 18, 2012
To date more than 60 people have been arrested for schemes and illegal trades as part of the Fed's so-called "Operation Perfect Hedge"
Posted In: insider trading, hedge funds, FBI
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How honest do you think Wall Street executives are?

Mar 7, 2011
In a federal court in New York tomorrow, jury selection begins for the high-profile insider-trading trial of Raj Rajaratnam. He is a hedge-fund b...
Posted In: executives, hedge funds, Wall Street

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