U.S. probes hedge fund bets against euro: report

Reuters – The U.S. Justice Department has launched an investigation into whether hedge funds might have acted together betting against the euro, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The newspaper said the department has asked hedge funds including SAC Capital Advisors LP, Greenlight Capital Inc., Soros Fund Management LLC and Paulson & Co. to retain trading records and emails relating to the euro.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply