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U.S. Marshals Service to Help Clean Up Hedge Fund Mess

on Thursday, July 31st, 2008 at 12:00 am

New York (HedgeCo.Net) - While the aftermath of the collapsed Bayou hedge fund may have left investors with nothing more than shock, the U.S. Marshals are trying to recoup some of the losses that were suffered. By selling Bayou’s failed investments, they are recovering some $115 million from the fund that once squandered over $300 […]

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No Bail for Hedge Fund Schemer Israel

on Monday, July 7th, 2008 at 12:00 am

New York (HedgeCo.Net) - Chances are, when you stage a suicide to avoid a 20-year prison sentence and spark an international manhunt, you’re probably not going to have the luxury of being granted bail.
That’s exactly what happened when Judge Colleen McMahon denied Samuel Israel III in a federal court in Manhattan last week.
Not only […]

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