Tag Archives: farmland
Dreier Lawyers Describe Depleted Accounts, Departures From Firm
Law.com – As Marc S. Dreier was being arrested for attempting to defraud hedge funds of more than $100 million, some of the 10 affiliates of Dreier LLP were peeling off and others were trying to hold the firm together […]
Settlement reached in natural gas trading case
Globe and Mail – Amaranth Advisors LLC and two of its former traders have reached a settlement with U.S. regulatory staff over the alleged manipulation of natural gas futures prices. The deal, which was submitted to the U.S. Federal Energy […]
Congress goes after hedge funds
BloggingStocks – Congress will bring in a bunch of big hedge fund managers like George Soros and ask them why they make so much money. It will also try to figure out if they control too much of the trading […]
Chrysler cash drains away as crisis deepens
Reuters – Chrysler LLC is rapidly burning through cash and being driven to prepare for a possible break-up if it can’t clinch a merger with General Motors Corp or get government funding needed to ride out the economic crisis, people […]
SEC to Make Hedge Funds Report Short Sales Until 2009
Bloomberg – The U.S. Securities and Exchange Commission extended a rule forcing hedge funds to tell the agency about short-sale positions amid concerns investors bet against companies after spreading false rumors they will fail. Investment managers who oversee more than […]
Tyser, Horseman Show Investors Not All Hedge Funds Are Losers
Bloomberg – Harry Tyser, manager of the $100 million New Star Firefly Hedge Fund in London, was still trading while being wheeled into the operating room for kidney- stone surgery. “It’s life and death out there right now,” said Tyser, […]
Corporate Armor to Fight Hedge Fund Bullies
CFO.com – At 12:01 a.m. this morning, the Securities and Exchange Commission pushed out a new "emergency" disclosure rule that requires hedge funds and other large investors to disclose their short positions. The mandate is one of three new SEC […]
SEC Deploys Restrictions On Short Sellers
New York Post – The Securities and Exchange Commission met last night in emergency session to consider requiring hedge funds to disclose their short positions and institutional traders to secure their records in anticipation of subpoenas. Under the proposals, managers […]
Citadel, SAC Capital Get Pick of Casualties as Carnage Worsens
Reuters UK – Balyasny Asset Management LP recruited more than 30 money managers and analysts from competing hedge funds in the first eight months of the year, exceeding its total for all of 2007. “We have been aggressively looking for […]
Hedge Fund’s Art of a Bankruptcy
CFO.com – Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its […]
