NEW YORK, Sept 22 (Reuters) – Major Wall Street banks have come up with what they and some hedge fund managers say is a potential solution to a backlog in credit derivatives paperwork that has vexed the Federal Reserve Bank […]

STAMFORD, CONN. – The Jewish Federation of Metropolitan Chicago prides itself on international philanthropy and how efficiently and effectively it spends money. But these days the federation is fighting to recover more than $4 million invested in an offshore fund […]

Investors say hedge fund assets may bemissing Boston Globe, United States STAMFORD, Conn. –Connecticut authorities say they are looking into the possible collapse of the Bayou Group, a hedge fund and brokerage firm in Stamford … Read Complete Article

Reuters – Bear also suffered a hit to its reputation as a savvy bond trader in July when two mortgage hedge funds it managed were forced into bankruptcy. Lewis’ stake exceeds that of Bear StearnsChairman and Chief Executive James Cayne, […]