Global Pensions – Pension funds could once again retract from securities lending again if they are included in European proposals which would tag lenders as ‘short sellers’, according to the trade body for securities lenders. Pensions have re-expanded their lending […]

Commodities Now – “Follow the money,” FBI Deputy Director Mark Felt (“Deep Throat”) told Washington Post reporters Bob Woodward and Carl Bernstein during their investigation into the Watergate break ins. It remains good advice for participants in commodity markets. Most […]

Bloomberg – Danielle Chiesi, claiming her former boss at New Castle Funds LLC used their “toxic” sexual relationship to manipulate her into feeding him inside tips, asked a judge to sentence her to less prison time than he got for […]

CNBC – President Barack Obama is trying to win back Wall Street executives and hedge fund managers. In the 2008 election campaign, Obama enjoyed broad support from Wall Street. Even many executives who usually support Republican candidates were backing Obama […]

Forbes – The second trial to result from a massive investigation into insider trading at hedge funds ended Monday with the conviction of a trio of Wall Street traders on charges they paid hefty bribes to coax confidential information out […]

Bloomberg – In an industrial section of Oakland, California, former Morgan Stanley investment banker Derek Peterson hops into a trailer being outfitted with shower drains, lights and humidifiers, all used for growing marijuana. “This is one we’re finishing up, what we […]

Bloomberg – Prince William and the Kings of Leon helped Absolute Return for Kids raise 17.2 million pounds ($28.1 million) at the charity’s 10th annual dinner in London last night, a sign that the hedge-fund industry continues to recover from […]

NYT – A few weeks before announcing his re-election campaign, President Obama convened two dozen Wall Street executives, many of them longtime donors, in the White House’s Blue Room. The guests were asked for their thoughts on how to speed […]

Washington Post – They arrive every week, in ones and twos and groups of 10, some of them coming straight from Sao Paulo, Brazil’s international airport. These investors head for the dark-wood halls of Credit Suisse Hedging-Griffo as supplicants, asking […]

Opalesque – The government of the Cayman Islands on Friday announced a new taxation system for certain “master fund” hedge funds that are registered in the country, and at the same time, vowed to regulate the sector through the Cayman […]

Hedge funds specializing in distressed debt are buying municipal bonds backed by parking lots and garages at the new Yankee Stadium, which face a payment default as soon as next year, according to two people familiar with the purchases. Monarch Alternative […]

Bloomberg – Hedge fund Paulson & Co.’s bid to force Lehman Brothers Holdings Inc. creditors to disclose trades in the defunct firm’s debt is a “fishing expedition” meant to “intimidate,” according to debt holders such as Bank of America Corp. […]