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	<title>Hedge Fund News From HedgeCo.Net &#187; accusations</title>
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		<title>Rajaratnam Out On Bail, Winds Down Hedge Funds In Letter to Clients</title>
		<link>http://www.hedgeco.net/news/10/2009/rajaratnam-out-on-bail-winds-down-hedge-funds-in-letter-to-clients.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/rajaratnam-out-on-bail-winds-down-hedge-funds-in-letter-to-clients.html#comments</comments>
		<pubDate>Thu, 22 Oct 2009 09:11:55 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[accusations]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[investors capital]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12617</guid>
		<description><![CDATA[New York (HedgeCo.net) &#8211; In a letter first made public by Reuters today to Galleon employees and clients, Raj Rajaratnam, who has been released on bail, said &#8220;I have decided that it is now in the best interest of our investors and employees to conduct an orderly wind down of Galleon’s funds while we explore [...]]]></description>
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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>
		<comments>http://www.hedgeco.net/news/08/2009/ex-chief-of-aig-settles-sec-case-for-15-million.html#comments</comments>
		<pubDate>Fri, 07 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[accounting fraud]]></category>
		<category><![CDATA[accusations]]></category>
		<category><![CDATA[american-international-group]]></category>
		<category><![CDATA[disgorgement]]></category>
		<category><![CDATA[four decades]]></category>
		<category><![CDATA[fraudulent transactions]]></category>
		<category><![CDATA[maurice r greenberg]]></category>
		<category><![CDATA[mr greenberg]]></category>
		<category><![CDATA[regulators]]></category>
		<category><![CDATA[securities-and-exchange]]></category>
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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>Perry hedge fund settles with SEC over Mylan stake</title>
		<link>http://www.hedgeco.net/news/07/2009/perry-hedge-fund-settles-with-sec-over-mylan-stake.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/perry-hedge-fund-settles-with-sec-over-mylan-stake.html#comments</comments>
		<pubDate>Wed, 22 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[accusations]]></category>
		<category><![CDATA[allegations]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[king pharmaceuticals]]></category>
		<category><![CDATA[mylan]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[richard perry]]></category>
		<category><![CDATA[securities-and-exchange]]></category>
		<category><![CDATA[securities-and-exchange-commission]]></category>
		<category><![CDATA[substantial stake]]></category>
		<category><![CDATA[takeover]]></category>

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		<description><![CDATA[Reuters &#8211; Hedge fund firm Perry Corp will pay $150,000 to settle accusations that it failed to report a substantial stake in Mylan Inc, purchased to support a proposed 2004 takeover of King Pharmaceuticals, the U.S. Securities and Exchange Commission said on Tuesday. The New York-based firm, led by Richard Perry and with $8.8 billion [...]]]></description>
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		<title>UBP wants independent hedge fund administrators</title>
		<link>http://www.hedgeco.net/news/12/2008/ubp-wants-independent-hedge-fund-administrators.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/ubp-wants-independent-hedge-fund-administrators.html#comments</comments>
		<pubDate>Wed, 24 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[absence]]></category>
		<category><![CDATA[accusations]]></category>
		<category><![CDATA[bank one]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[client money]]></category>
		<category><![CDATA[financial times]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[geneva]]></category>
		<category><![CDATA[independent administrators]]></category>
		<category><![CDATA[internal-memo]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[ponzi]]></category>
		<category><![CDATA[private bank]]></category>
		<category><![CDATA[pyramid scheme]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[ubp]]></category>

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		<description><![CDATA[Reuters &#8211; Swiss private bank Union Bancaire Privee (UBP) may pull client money out of hedge funds unless they set up independent administrators, the Financial Times said on Wednesday. The Geneva-based bank, one of the world&#8217;s largest investors in hedge funds, declined to comment on the report, which cited an internal memo to instruct managers. [...]]]></description>
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