Tag Archives: international efforts


Lake Shore Asset Management chief Philip J. Baker indicted

Chicago Tribune – 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 […]

Financial watchdog out to clip the hedge funds

Times Online – Secretive hedge funds will eventually be subject to the same supervisory rules as banks, under a tightening of Britain’s system of regulation. The changes, which will require banks and other lenders to build up their reserves in […]

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