Tag Archives: customers money


Fund firm behavior faces state scrutiny

Boston Globe – Secretary of State William F. Galvin is investigating Massachusetts Mutual Life Insurance Co.’s relationship with a hedge fund operation that lost $3.3 billion to admitted swindler Bernard L. Madoff. Galvin, who oversees the state Securities Division, said […]

Hedge funds bet on regulations

The Washington Times – Hedge-fund managers say Bernard L. Madoff may succeed where Christopher Cox failed: forcing regulation of their $1.5 trillion industry. Mr. Madoff’s purported bilking of investors by up to $50 billion begins to uncover a part of […]