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	<title>Hedge Fund News From HedgeCo.Net &#187; count indictment</title>
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		<title>Lake Shore Asset Management chief Philip J. Baker indicted</title>
		<link>http://www.hedgeco.net/news/06/2009/lake-shore-asset-management-chief-philip-j-baker-indicted.html</link>
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		<pubDate>Thu, 18 Jun 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[Chicago Tribune &#8211; Federal prosecutors have unsealed a wide-ranging indictment against Philip J. Baker, accusing the head of Chicago-based hedge fund Lake Shore Asset Management Ltd. of defrauding hundreds of investors out of roughly $312 million. U.S. Atty. Patrick Fitzgerald announced the 27-count indictment Tuesday and said it &#34;was unsealed to facilitate international efforts to [...]]]></description>
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		<title>Chicago Hedge Fund Manager Indicted</title>
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		<pubDate>Wed, 17 Jun 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York Times &#8211; The managing director of a collapsed Chicago hedge fund, Lake Shore Asset Management, was indicted by a federal grand jury. Prosecutors say the director, Philip J. Baker, operated a $300 million fraud. The 27-count indictment was unsealed on Monday, said Patrick J. Fitzgerald, a United States attorney, in a statement on [...]]]></description>
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		<title>NY State Pension Fund Linked to Millions in Kickbacks from Private Equity, Hedge Funds</title>
		<link>http://www.hedgeco.net/news/03/2009/ny-state-pension-fund-linked-to-millions-in-kickbacks-from-private-equity-hedge-funds.html</link>
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		<pubDate>Fri, 20 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Two high-ranking men who worked in the New York State comptroller&#8217;s office were arrested yesterday after it was discovered they took millions of dollars in kickbacks from private equity and hedge funds, said Attorney General Andrew Cuomo. David Loglisci, who was the top investment officer of the state&#8217;s $122 billion pension [...]]]></description>
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