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	<title>Hedge Fund News From HedgeCo.Net &#187; brokerages</title>
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		<title>Merlin Merger Provides Hedge Fund Managers Access to Network of Industry Experts</title>
		<link>http://www.hedgeco.net/news/08/2009/merlin-merger-provides-hedge-fund-managers-access-to-network-of-industry-experts.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/merlin-merger-provides-hedge-fund-managers-access-to-network-of-industry-experts.html#comments</comments>
		<pubDate>Tue, 04 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Hedge fund prime broker Merlin Securities and financial tech group Gerson Lehrman, announced an exclusive research partnership which will allow Merlin to provide emerging managers with access to Gerson Lehrman Group&#8217;snetwork of more than 200,000 experts. As a result of the partnership, Gerson Lehrman Group&#8217;s platform will be much more [...]]]></description>
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		</item>
		<item>
		<title>UBS sees hedge fund assets shrinking</title>
		<link>http://www.hedgeco.net/news/03/2009/ubs-sees-hedge-fund-assets-shrinking.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/ubs-sees-hedge-fund-assets-shrinking.html#comments</comments>
		<pubDate>Tue, 24 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[asset values]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[curbs]]></category>
		<category><![CDATA[doors]]></category>
		<category><![CDATA[ehrlich]]></category>
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		<category><![CDATA[peak-levels]]></category>
		<category><![CDATA[prime services]]></category>
		<category><![CDATA[redemption]]></category>
		<category><![CDATA[reuters]]></category>
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		<category><![CDATA[ubs]]></category>

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		<description><![CDATA[Reuters &#8211; Hedge fund assets will continue to shrink this year, falling as much as two-thirds from their 2007 peak, but investors will return and assets will rebound when the economy revives, Alex Ehrlich, global head of prime services at Swiss bank UBS, said on Monday. Last year was the hedge fund industry&#8217;s worst ever, [...]]]></description>
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		<title>Asian finance firms are more optimistic on acquisitions</title>
		<link>http://www.hedgeco.net/news/03/2009/asian-finance-firms-are-more-optimistic-on-acquisitions.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/asian-finance-firms-are-more-optimistic-on-acquisitions.html#comments</comments>
		<pubDate>Tue, 24 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[acquisition]]></category>
		<category><![CDATA[asia-pacific]]></category>
		<category><![CDATA[asset-prices]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[china post]]></category>
		<category><![CDATA[decline]]></category>
		<category><![CDATA[economic slump]]></category>
		<category><![CDATA[financial-institutions]]></category>
		<category><![CDATA[global credit crunch]]></category>
		<category><![CDATA[mergers and acquisitions]]></category>
		<category><![CDATA[pacific banks]]></category>
		<category><![CDATA[private equity firms]]></category>
		<category><![CDATA[respondents]]></category>
		<category><![CDATA[senior-executives]]></category>

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		<description><![CDATA[The China Post &#8211; Asia-Pacific banks, brokerages, insurers and private equity firms are more optimistic about mergers and acquisitions as they seek to expand following a decline in asset prices, according to PricewaterhouseCoopers LLP. About 42 percent of financial institutions in the region expect to make an acquisition over the next year, compared with 38 [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Editor to Join NetSalonFX as Adviser</title>
		<link>http://www.hedgeco.net/news/01/2009/hedge-fund-editor-to-join-netsalonfx-as-adviser.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/hedge-fund-editor-to-join-netsalonfx-as-adviser.html#comments</comments>
		<pubDate>Wed, 14 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[associate editor]]></category>
		<category><![CDATA[best intentions]]></category>
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		<category><![CDATA[financial-professional]]></category>
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		<category><![CDATA[high finance]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Chris Gillick, currently an associate editor with Trader Monthly and Dealmaker magazines, has agreed to join NetSalonFX as an adviser, principal/branch manager, and regulatory liaison, having just completed his NASD Series 30 exam. As an editor for Trader Monthly and Dealmaker, he has covered the hedge fund industry, brokerages, private [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Sued Over Expsoure to Madoff Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-sued-over-expsoure-to-madoff-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-sued-over-expsoure-to-madoff-funds.html#comments</comments>
		<pubDate>Thu, 18 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<category><![CDATA[june-14]]></category>
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		<category><![CDATA[new-evidence]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Gabriel Capital and founder Ezra Merkin have been sued for their exposure to Ponzi-schemer Bernard Madoff by a disdained investor. Scott Berrie, who has $500,000 tied up in one of Gabriel&#8217;s funds, claims that Gabriel lied to investors when they marketed that they hold a &#8220;diverse portfolio of securities,&#8221; which &#8220;falsely [...]]]></description>
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		</item>
		<item>
		<title>SEC Staff May Have Neglected Red Flags in Hedge Fund Fraud</title>
		<link>http://www.hedgeco.net/news/12/2008/sec-staff-may-have-neglected-red-flags-in-hedge-fund-fraud.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/sec-staff-may-have-neglected-red-flags-in-hedge-fund-fraud.html#comments</comments>
		<pubDate>Wed, 17 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[administrative-law-judge]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[chief-executive]]></category>
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		<category><![CDATA[exit-plan]]></category>
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		<category><![CDATA[new-evidence]]></category>
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		<category><![CDATA[savings-and-loan-crisis]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; SEC Chairman Christopher Cox has launched a probe into his own agency after it surfaced that complaints made to employees regarding the possible misconduct of Bernard Madoff were never investigated. Saying that specific allegations had been made to certain members of the SEC staff since at least 1999, Cox expressed his [...]]]></description>
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		</item>
		<item>
		<title>Citadel Limits Redemptions in Two Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/citadel-limits-redemptions-in-two-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/citadel-limits-redemptions-in-two-hedge-funds.html#comments</comments>
		<pubDate>Mon, 15 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[board-of-directors]]></category>
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		<category><![CDATA[citadel-investment-group]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Chicago-based Citadel Investment Group has frozen redemptions from its two largest hedge funds after investors moved to withdraw $1.2 billion, according to a letter sent to clients on Friday. The letter, signed by CEO Kenneth Griffin, informed investors that withdraws in the Kensington and Wellington Funds may resume as early as [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hong Kong Hedge Fund Triples Investor Relation Technology</title>
		<link>http://www.hedgeco.net/news/12/2008/hong-kong-hedge-fund-triples-investor-relation-technology.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hong-kong-hedge-fund-triples-investor-relation-technology.html#comments</comments>
		<pubDate>Mon, 15 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) -&#160;Hong Kong-based hedge fund manager PMA has chosen to more than triple the number of users of PerTrac CMS in the company&#8217;s Hong Kong, Tokyo, New York, London, and Dubai offices. PerTrac CMS is an alternative investment workflow management solution used for investor relations, capital raising and investment management workflows. &#34;PMA&#8217;s [...]]]></description>
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		</item>
		<item>
		<title>Dreier Jailed Without Bail for Alleged Fraud Targeting Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/dreier-jailed-without-bail-for-alleged-fraud-targeting-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/dreier-jailed-without-bail-for-alleged-fraud-targeting-hedge-funds.html#comments</comments>
		<pubDate>Fri, 12 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[brokerages]]></category>
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		<category><![CDATA[demaio]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Marc Dreier was denied bail on Thursday after prosecutors estimated the New York attorney swindled more than $380 million out of investors in his elaborate scheme that targeted hedge funds.&#160; &#160; Alleging that Dreier fooled &#8220;the most sophisticated investors in the world,&#8221; prosecutor Jonathan Streeter convinced Judge Douglas Eaton that he [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Founder Nailed in What Could be Largest Scam Ever</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-founder-nailed-in-what-could-be-largest-scam-ever.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-founder-nailed-in-what-could-be-largest-scam-ever.html#comments</comments>
		<pubDate>Fri, 12 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[brokerages]]></category>
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		<category><![CDATA[trimtabs]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Former chairman of the Nasdaq Stock Market Bernard Madoff was arrested yesterday and accused of orchestrating a ponzi scheme that bilked some $50 billion out of investors, authorities say. The founder of Bernard L. Madoff Investment Securities allegedly has been running the scheme for years, using new money coming into the [...]]]></description>
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		</item>
		<item>
		<title>Hedge Funds Let Loose for a Night of Celebration</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-funds-let-loose-for-a-night-of-celebration.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-funds-let-loose-for-a-night-of-celebration.html#comments</comments>
		<pubDate>Fri, 12 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge funds may not be having their best year, but whoever said they lost their glamour obviously didn&#8217;t attend the HedgeCo Holiday Networking Event. About 650 guests piled into Nikki Beach on Manhattan&#8217;s east side last Wednesday evening, drinking dirty martinis and partying into the early hours of the morning. For [...]]]></description>
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		<item>
		<title>UAE Asset Manager Launches Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/uae-asset-manager-launches-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/uae-asset-manager-launches-hedge-funds.html#comments</comments>
		<pubDate>Thu, 11 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) -&#160;US-based Stream Asset Management announced the launch of a credit dislocation fund and a multi-strategy credit hedge fund, the company said in a press statement. The move is part of Gulf Stream&#8217;s aggressive expansion strategy to capitalise on current market opportunities. To further support the firm&#8217;s growth, Gulf Stream has also [...]]]></description>
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		<item>
		<title>Alternative Investors Form Joint Venture to Expand Africa&#8217;s Telecommunications Infrastructure</title>
		<link>http://www.hedgeco.net/news/12/2008/alternative-investors-form-joint-venture-to-expand-africas-telecommunications-infrastructure.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/alternative-investors-form-joint-venture-to-expand-africas-telecommunications-infrastructure.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[british-satellite]]></category>
		<category><![CDATA[brokerages]]></category>
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		<category><![CDATA[unsecured-creditors]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) -&#160;Satellite communications company Intelsat is launching a joint venture with a South African alternative investor group led by Convergence Partners. The joint venture plans to finance, build and launch a new satellite, Intelsat New Dawn, featuring a payload optimized to deliver wireless back haul, broadband and television programming to the continent [...]]]></description>
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		<item>
		<title>Hedge Fund Trian Partners to Hold Over 50 Million Fast Food Shares</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-trian-partners-to-hold-over-50-million-fast-food-shares.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-trian-partners-to-hold-over-50-million-fast-food-shares.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Activist Funds]]></category>
		<category><![CDATA[accountant]]></category>
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		<category><![CDATA[citigroup]]></category>
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		<category><![CDATA[credit-suisse]]></category>
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		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[june-14]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Hedge fund Trian Partners said that they will buy about 49.4 million shares of fast-food operator Wendy&#8217;s/Arby&#8217;s Group for $4.15 per share, or about $205 million. &#160;The hedge fund and their affiliates now own about 21.6% of Wendy&#8217;s/Arby&#8217;s, or 52.1 million shares, up from its previous 11.1% stake. In November, [...]]]></description>
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		</item>
		<item>
		<title>Hedge Fund Launched in &#8217;07 Completes Successful 1st Year</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-launched-in-07-completes-successful-1st-year.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-launched-in-07-completes-successful-1st-year.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Success Stories]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[collateralized]]></category>
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		<category><![CDATA[rake]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; The DM Swiss Equity Asymmetric Fund has successfully completed its first year of operation realising a net gain for its investors +2.67%. &#34;We are extremely pleased to see the fund successfully navigate its way through one of the most challenging environments for investors in living memory.&#34; Marc-Etienne Rouge, partner at [...]]]></description>
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		</item>
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		<title>Citadel Hedge Funds Down, But Not Out</title>
		<link>http://www.hedgeco.net/news/12/2008/citadel-hedge-funds-down-but-not-out.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/citadel-hedge-funds-down-but-not-out.html#comments</comments>
		<pubDate>Fri, 05 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[abbey]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Chicago-based Citadel Investment Group lost 13 percent in November, according to a report published by the Wall Street Journal.&#160; This brings the hedge fund firm&#8217;s total losses to 47 percent for the year. The losses stem in part from the company&#8217;s two largest funds, the Kensington and Wellington, which together manage [...]]]></description>
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		<item>
		<title>EU Hedge Funds May Face Greater Regulation</title>
		<link>http://www.hedgeco.net/news/12/2008/eu-hedge-funds-may-face-greater-regulation.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/eu-hedge-funds-may-face-greater-regulation.html#comments</comments>
		<pubDate>Fri, 05 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[163]]></category>
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		<category><![CDATA[finance]]></category>
		<category><![CDATA[green-party]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Those who push for greater transparency of the hedge fund industry had a victory this week, when an EU official all but declared that funds in the European Union will be regulated.&#160;&#160;&#160; Charlie McCreevy, the bloc&#8217;s internal market commissioner, launched a public discussion on whether or not hedge funds need stricter [...]]]></description>
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		<item>
		<title>Paulson:  Unaffected by Hard Times</title>
		<link>http://www.hedgeco.net/news/12/2008/paulson-unaffected-by-hard-times.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/paulson-unaffected-by-hard-times.html#comments</comments>
		<pubDate>Fri, 05 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<category><![CDATA[financial-history]]></category>
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		<category><![CDATA[market-disruptions]]></category>
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		<category><![CDATA[repercussions]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; At a time when most hedge funds are posting their worst year to date, John Paulson somehow manages to stay afloat.&#160; The founder of Paulson &#38; Co. has informed investors that his funds are in fact up in November and furthermore, posting double-digit gains. Paulson&#8217;s Advantage Plus Fund, which manages around [...]]]></description>
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		<item>
		<title>Lee Sustains Losses, May Shut Down Two Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/lee-sustains-losses-may-shut-down-two-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/lee-sustains-losses-may-shut-down-two-hedge-funds.html#comments</comments>
		<pubDate>Fri, 05 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[alan-greenspan]]></category>
		<category><![CDATA[asyst-technologies-inc]]></category>
		<category><![CDATA[band-aid]]></category>
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		<category><![CDATA[cme-co]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge fund investor Thomas H. Lee may downsize or shut the door to two of his funds after posting losses of about 40 percent this year, according to the Wall Street Journal. The funds, which together manage about $1.5 billion, suffered losses that were multiplied by Lee&#8217;s heavy use of leverage, [...]]]></description>
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		</item>
		<item>
		<title>Ramius To Wind Down Four Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/ramius-to-wind-down-four-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/ramius-to-wind-down-four-hedge-funds.html#comments</comments>
		<pubDate>Wed, 03 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[100-million]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; New York City-based Ramius Capital will close four of its hedge funds that manage about $550 million in capital, the Wall Street Journal reports citing people familiar with the matter.&#160; The closing hedge funds are concentrated in convertible bonds, distressed credit and securities of merging companies.&#160; Some of the money in [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Tudor&#8217;s BVI Hedge Fund Suspends Redemptions, Will Split in Two</title>
		<link>http://www.hedgeco.net/news/12/2008/tudors-bvi-hedge-fund-suspends-redemptions-will-split-in-two.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/tudors-bvi-hedge-fund-suspends-redemptions-will-split-in-two.html#comments</comments>
		<pubDate>Tue, 02 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[brevan-howard]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge Fund firm Tudor Investment Corp. has suspended investor redemptions from its $10 billion BVI Global unit until March 31st, giving the company time to split the fund into two.&#160; BVI Global was hit by a wave of client redemption requests after investors moved to withdraw 14 percent of their capital, [...]]]></description>
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		<item>
		<title>Icahn Ups His Stake in Yahoo, Stocks Rally</title>
		<link>http://www.hedgeco.net/news/12/2008/icahn-ups-his-stake-in-yahoo-stocks-rally.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/icahn-ups-his-stake-in-yahoo-stocks-rally.html#comments</comments>
		<pubDate>Mon, 01 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<category><![CDATA[united-airlines]]></category>
		<category><![CDATA[yahoo-ceo]]></category>
		<category><![CDATA[yahoo-shares]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Activist investor Carl Icahn purchased another 6.8 million shares of Yahoo stock last week at a price tag of about $67 million, further boosting his already vast stake in the company to almost 5.5 percent.&#160; According to a filing with the Securities and Exchange Commission, that stake is equal to 75.6 [...]]]></description>
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		<title>Carlyle Group To Launch New Fund with $14 Billion</title>
		<link>http://www.hedgeco.net/news/11/2008/carlyle-group-to-launch-new-fund-with-14-billion.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/carlyle-group-to-launch-new-fund-with-14-billion.html#comments</comments>
		<pubDate>Wed, 26 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; At a time when many hedge funds are experiencing their worst year to date, private equity firm The Carlyle Group is launching a new fund with around $14 billion in capital.&#160; According to a report by Reuters, the Washington D.C. &#8211; based company launched the U.S. buyout fund in the spring [...]]]></description>
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		<title>Hedge Funds Relunctant About PBL Media Refinancing</title>
		<link>http://www.hedgeco.net/news/11/2008/hedge-funds-relunctant-about-pbl-media-refinancing.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/hedge-funds-relunctant-about-pbl-media-refinancing.html#comments</comments>
		<pubDate>Mon, 24 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Private-equity firm CVC Asia Pacific, who owns 75 percent of PBL Media, is trying to prevent the company from defaulting on its $4.3 billion in debt, according to the Asian Wall Street Journal.&#160; PBL Media, the owner of massive Australian magazine group ACP and Australia&#8217;s Channel Nine, could be placed under [...]]]></description>
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		<title>Barclays Sues Chicago Hedge Fund Over Ties to Petters</title>
		<link>http://www.hedgeco.net/news/11/2008/barclays-sues-chicago-hedge-fund-over-ties-to-petters.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/barclays-sues-chicago-hedge-fund-over-ties-to-petters.html#comments</comments>
		<pubDate>Mon, 24 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[30-million]]></category>
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		<category><![CDATA[cocktail-party]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Barclays Bank Plc has sued Chicago-based Ritchie Capital Management and the hedge fund&#8217;s principal Thane Ritchie, accusing them of concealing a $150 million investment in the controversial and now collapsed Petters Group Worldwide LLC. According to the complaint filed on November 18th, Thane Ritchie gave the go-ahead to invest &#8220;significant sums&#8221; [...]]]></description>
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		<title>Citigroup to Liquidate Hedge Fund</title>
		<link>http://www.hedgeco.net/news/11/2008/citigroup-to-liquidate-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/citigroup-to-liquidate-hedge-fund.html#comments</comments>
		<pubDate>Wed, 19 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Citigroup Inc. will be liquidating its Corporate Special Opportunities fund after losing over half its value last month, according to a report by the Financial Times.&#160; The hedge fund had frozen redemptions for almost a year before deciding to shut it down.&#160; Many funds freeze redemptions in hopes that market conditions [...]]]></description>
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		<title>Mavs Owner Mark Cuban Accused of Insider Trading</title>
		<link>http://www.hedgeco.net/news/11/2008/mavs-owner-mark-cuban-accused-of-insider-trading.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/mavs-owner-mark-cuban-accused-of-insider-trading.html#comments</comments>
		<pubDate>Tue, 18 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Dallas Mavericks owner and billionaire investor Mark Cuban has been accused of insider trading by the SEC after allegedly using private information that helped him avoid over $750,000 in losses tied to stocks.&#160; Search engine company Mamma.com supposedly invited Cuban to participate in its offering, but made Cuban swear he would [...]]]></description>
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		<title>Investors Rush for Redemptions in Fortress Hedge Funds</title>
		<link>http://www.hedgeco.net/news/11/2008/investors-rush-for-redemptions-in-fortress-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/investors-rush-for-redemptions-in-fortress-hedge-funds.html#comments</comments>
		<pubDate>Fri, 14 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Clients of Fortress Investment Group LLC have requested to withdraw more than $4.5 billion of their assets over the next few months, according a statement released by the hedge fund yesterday. The company reported its first annual loss since going public, mostly due to its Drawbridge Global Macro funds losing over [...]]]></description>
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		<title>Palm Beach Hedge Fund Burned by Ponzi-Schemer Petters</title>
		<link>http://www.hedgeco.net/news/11/2008/palm-beach-hedge-fund-burned-by-ponzi-schemer-petters.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/palm-beach-hedge-fund-burned-by-ponzi-schemer-petters.html#comments</comments>
		<pubDate>Thu, 13 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; South Florida-based hedge fund Palm Beach Finance Partners LP says it lost more than $1 billion to the company run by famed fraudster Tom Petters.&#160; Petters headed Minnesota-based Palm Beach Finance Holdings Inc. before being charged in September with money laudering, obstruction of justice and mail and wire fraud that were [...]]]></description>
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		<title>New York Hedge Fund Sued By Former Employee</title>
		<link>http://www.hedgeco.net/news/11/2008/new-york-hedge-fund-sued-by-former-employee.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/new-york-hedge-fund-sued-by-former-employee.html#comments</comments>
		<pubDate>Wed, 12 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[brokerages]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; New York hedge fund Peconic Partners was sued yesterday for firing an employee who reportedly was running his mouth about some shady insider trading activities. The suit, filed by former Chief Compliance Officer Joseph Sullivan in New York State Supreme Court, accuses CEO William Harnisch of wrongfully firing him. According to [...]]]></description>
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		<title>Former UBS Exec Sentenced in Manhattan</title>
		<link>http://www.hedgeco.net/news/11/2008/former-ubs-exec-sentenced-in-manhattan.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/former-ubs-exec-sentenced-in-manhattan.html#comments</comments>
		<pubDate>Tue, 04 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[appaloosa-management]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; A former UBS AG executive has been sentenced to 6-1/2 years in prison after pleading guilty to selling private information about the bank&#8217;s stock recommendations.&#160; Mitchel Guttenberg, a former manager in UBS&#8217; equity research department, was accused by the prosecution of running the most pervasive insider trading rings since the 1980&#8217;s. [...]]]></description>
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		<title>Halbis Hedge Fund Stocking Up Again</title>
		<link>http://www.hedgeco.net/news/11/2008/halbis-hedge-fund-stocking-up-again.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/halbis-hedge-fund-stocking-up-again.html#comments</comments>
		<pubDate>Mon, 03 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Halbis Capital Management of HSBC is upping the exposure in their European Alpha hedge fund thanks to cheap stock prices. Bill Maldonado, head of alternative investments, believes it is finally the right time to buy. &#34;Lots of stocks are trading on increditbly low multiples of 4 to 5 times 2009 earnings,&#34; [...]]]></description>
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		<title>Citadel Shifts Capital, Will Focus on Seeding</title>
		<link>http://www.hedgeco.net/news/10/2008/citadel-shifts-capital-will-focus-on-seeding.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/citadel-shifts-capital-will-focus-on-seeding.html#comments</comments>
		<pubDate>Fri, 31 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Citadel Investment Group announced yesterday it will shut down its $1 billion fund of hedge funds portfolio and use the capital to invest in other businesses. The Fusion fund was launched a year and a half ago, with nearly 95 percent of the capital coming entirely from Citadel.&#160; The money will [...]]]></description>
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		<title>Dillard&#8217;s Board Members Reject Hedge Fund Advances</title>
		<link>http://www.hedgeco.net/news/10/2008/dillards-board-members-reject-hedge-fund-advances.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/dillards-board-members-reject-hedge-fund-advances.html#comments</comments>
		<pubDate>Fri, 31 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Three Dillard&#8217;s Inc board members rejected a plea from hedge funds to have the company&#8217;s CEO, William Dillard II, booted from the chair.&#160; Barington Capital Group LP and Clinton Group Inc. had been calling for the board to start an immediate search for a new CEO in addition to ousting other [...]]]></description>
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		<title>Hedge Funds Looking to Revamp Dillard&#8217;s Management</title>
		<link>http://www.hedgeco.net/news/10/2008/hedge-funds-looking-to-revamp-dillards-management.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/hedge-funds-looking-to-revamp-dillards-management.html#comments</comments>
		<pubDate>Tue, 28 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Two hedge funds are looking to oust William Dillard II, CEO of Dillard&#8217;s Inc., after poor performance and lagging stock prices.&#160; Barington Capital Group LP and Clinton Group Inc sent a letter to the SEC that was released yesterday, which asked the company to start to an immediate search for a [...]]]></description>
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		<title>RAB Capital Halts Redemptions on Second Fund This Year</title>
		<link>http://www.hedgeco.net/news/10/2008/rab-capital-halts-redemptions-on-second-fund-this-year.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/rab-capital-halts-redemptions-on-second-fund-this-year.html#comments</comments>
		<pubDate>Tue, 28 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; One month after RAB was forced to revamp their flagship fund, the British hedge fund is halting redemptions on their Energy Fund. After losing more than 50% of its value this year, RAB has informed investors that they will not be able to make withdraws in the near future. Investors who [...]]]></description>
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		<title>Citadel To Launch New Funds, New Strategies</title>
		<link>http://www.hedgeco.net/news/10/2008/citadel-to-launch-new-funds-new-strategies.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/citadel-to-launch-new-funds-new-strategies.html#comments</comments>
		<pubDate>Wed, 22 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[alan-greenspan]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; After a disappointing year, Citadel will launch several new hedge funds in hopes of countering the losses of their main hedge fund. The multi-strat $10 billion Kensington Global Strategies Fund has fallen over 30 percent this year.&#160; CEO Ken Griffin attributed some of that loss to the temporary ban on short [...]]]></description>
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		<title>Celebrity Divorce Lawyer Sues Hedge Fund</title>
		<link>http://www.hedgeco.net/news/10/2008/celebrity-divorce-lawyer-sues-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/celebrity-divorce-lawyer-sues-hedge-fund.html#comments</comments>
		<pubDate>Tue, 21 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[ashe]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; In an ironic turning of the tables, divorce lawyer Raoul Felder has lost $200,000 at the hands of a hedge fund, or so he says. According to the New York Times, the &#8220;Duke of Divorce,&#8221; is accusing AllianceBernstein of placing his money into a risky hedge fund in order to collect [...]]]></description>
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		<title>Harbinger Hedge May Be Looking to Rev Up Leap Management</title>
		<link>http://www.hedgeco.net/news/10/2008/harbinger-hedge-may-be-looking-to-rev-up-leap-management.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/harbinger-hedge-may-be-looking-to-rev-up-leap-management.html#comments</comments>
		<pubDate>Wed, 15 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Activist hedge fund Harbinger Capital might be looking to make some strategic changes to another management team.&#160; They are expected to hold talks with Leap Wireless International, in which they hold a substantial 14.8 percent stake or just over 10 million shares.&#160; The hedge fund is looking to discuss both short-term [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/10/2008/harbinger-hedge-may-be-looking-to-rev-up-leap-management.html/feed</wfw:commentRss>
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		</item>
		<item>
		<title>More Bad News for Hedge Fund Appaloosa</title>
		<link>http://www.hedgeco.net/news/10/2008/more-bad-news-for-hedge-fund-appaloosa.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/more-bad-news-for-hedge-fund-appaloosa.html#comments</comments>
		<pubDate>Fri, 10 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[appaloosa-management-lp]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[cayman-government]]></category>
		<category><![CDATA[disapproval]]></category>
		<category><![CDATA[due-diligence-service]]></category>
		<category><![CDATA[evidentiary-hearing]]></category>
		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[market-risk]]></category>
		<category><![CDATA[proper-steps]]></category>
		<category><![CDATA[unsecured-creditors]]></category>

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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Hedge Fund Appaloosa Management may have tried to turn their back on Delphi, but somehow they just can&#8217;t seem to get away.&#160; Ensnarled in a nasty court battle with the Michigan auto parts supplier, the judge is now reconsidering original fraud claims brought against the New Jersey based hedge fund.&#160; Delphi [...]]]></description>
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