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	<title>Hedge Fund News From HedgeCo.Net &#187; bank one</title>
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		<title>Seven investor group to buy IndyMac at $13.9b</title>
		<link>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html#comments</comments>
		<pubDate>Mon, 05 Jan 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Saudi Gazette &#8211; A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion. IndyMac, which specialized in loans made with little down payment or proof of assets, was seized by the [...]]]></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>
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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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