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	<title>Hedge Fund News From HedgeCo.Net &#187; department of justice</title>
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		<title>US fund manager challenges extradition from HK</title>
		<link>http://www.hedgeco.net/news/03/2009/us-fund-manager-challenges-extradition-from-hk.html</link>
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		<pubDate>Wed, 25 Mar 2009 00:00:00 +0000</pubDate>
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		<category><![CDATA[Hedge funds waiting to invest $300 billion: report]]></category>
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		<description><![CDATA[The Associated Press &#8211; A Silicon Valley hedge fund manager wanted in the U.S. on charges he duped investors out of at least $5 million challenged his extradition from Hong Kong on Wednesday. Fund manager Albert Hu, an American citizen, told a Hong Kong court through his lawyer that he wanted to exercise his right [...]]]></description>
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		<title>UBS to Pay $200 Million to Settle SEC Charges</title>
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		<pubDate>Thu, 19 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; UBS AG will pay $200 million to settle the SEC charges that the Swiss Bank acted as an unregistered broker-dealer and investment adviser. According to the original compliant, UBS helped certain U.S. individuals to set up and maintain undisclosed Swiss bank accounts, which enabled these clients to evade U.S. taxes.&#160; In [...]]]></description>
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