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Andor Hedge Fund to Liquidate

on Thursday, August 21st, 2008 at 12:00 am

New York (HedgeCo.Net) - Greenwich-based Andor Capital Management will liquidate its $2 billion hedge fund after posting losses due to unfavorable market conditions, following in the footsteps of many failed hedge funds this year.
Co-founder Daniel Benton announced the decision in a letter to investors this week while outlining a liquidation to start in October.
"My […]

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SEC mounts attack on the rumor mill

on Monday, July 14th, 2008 at 12:00 am

Boston Globe- The Securities and Exchange Commission yesterday said that it and other regulators would begin examining rumor-spreading intended to manipulate securities prices.

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