Tag Archives: securities-firm


Ex-Bear Hedge Manager Allegedly Sought to Use Funds for Condo

Bloomberg – Former Bear Stearns Cos. hedge fund manager Ralph Cioffi, indicted for an alleged fraud that helped bring down the securities firm, attempted to use his $2 million redemption from a fund he supervised as collateral for a condominium, […]

Lehman’s U.K. Administrator Seeks to Return Hedge-Fund Assets

Bloomberg – Lehman Brothers Holdings Inc. may return hedge-fund assets as soon as next year that were frozen when the New York-based securities firm collapsed in the largest bankruptcy on record. PricewaterhouseCoopers, Lehman Brothers International Europe’s administrator, plans today to […]

Hedge fund Paulson to weigh buying bank stocks: report

MSN MoneyCentral – Paulson & Co, a prominent New York hedge fund, will weigh buying shares or convertible bonds in banks and other financial institutions that need capital, the Financial Times reported on its website on Sunday. John Paulson, its […]

RBS Rises on Speculation Hedge Fund Will Seek Breakup

Bloomberg – Royal Bank of Scotland Group Plc led gains for European banking stocks on speculation that demand for its rights offer is strong and a U.K. hedge fund is buying shares to push for a breakup. Edinburgh-based RBS, Britain’s […]