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	<title>Hedge Fund News From HedgeCo.Net &#187; accounting fraud</title>
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		<title>Ex-Chief of AIG Settles SEC Case for $15 Million</title>
		<link>http://www.hedgeco.net/news/08/2009/ex-chief-of-aig-settles-sec-case-for-15-million.html</link>
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		<pubDate>Fri, 07 Aug 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[The Ledger &#8211; Federal regulators announced an agreement with Maurice R. Greenberg on Thursday to settle accusations that he oversaw an accounting fraud at the American International Group. But Mr. Greenberg did not go quietly. Shortly after the announcement from the Securities and Exchange Commission, Mr. Greenberg issued a defiant statement saying he had &#8221;no [...]]]></description>
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		<title>Madoff scam may spark tightening of hedge rules</title>
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		<comments>http://www.hedgeco.net/news/12/2008/madoff-scam-may-spark-tightening-of-hedge-rules.html#comments</comments>
		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Evening Standard &#8211; Veterans of the secretive $1.5 trillion (&#163;1 trillion) industry say the $50 billion Madoff fraud could bring about sweeping changes in the way the authorities monitor activity. &#34;This is an Enron moment for hedge funds,&#34; said Peter Rup, chief investment officer at New York hedge fund Orion Capital Management. &#34;Regulation would be [...]]]></description>
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