Category Archives: Sports

Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers

(HedgeCo.Net) The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Inc. will pay more than $15 million to settle charges that its employees misled customers into overpaying for Residential Mortgage Backed Securities (RMBS). Merrill Lynch […]

Philanthropy: Private Equity vs. Hedge Fund Basketball Tournament

New York (HedgeCo.net) – Over 150 executives from the Wall Street community will join New York Knicks legends, corporate sponsors, and high school students for a charity basketball tournament hosted by Youth, I.N.C. (Improving Nonprofits for Children) Wednesday, March 7th; […]

Judge approves Dodgers’ hedge fund loan

MBL.com: LOS ANGELES — A bankruptcy judge on Tuesday granted interim approval of $150 million of hedge fund financing arranged by Dodgers owner Frank McCourt so the team can cover this week’s player payroll and all financial obligations through the […]