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	<title>Hedge Fund News From HedgeCo.Net &#187; investment-securities</title>
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		<title>Fairfield settles with Massachusetts for $8 million</title>
		<link>http://www.hedgeco.net/news/09/2009/fairfield-settles-with-massachusetts-for-8-million.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/fairfield-settles-with-massachusetts-for-8-million.html#comments</comments>
		<pubDate>Wed, 09 Sep 2009 11:43:54 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[due diligence]]></category>
		<category><![CDATA[fraud charges]]></category>
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		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=11773</guid>
		<description><![CDATA[Pensions and Investments &#8211; Fairfield Greenwich agreed to pay about $8 million to settle charges leveled at the hedge fund-of-funds manager by William F. Galvin, Massachusetts secretary of the commonwealth, in connection with the Madoff Ponzi scheme. In settling, Fairfield Greenwich neither admitted nor denied the charges made in the Massachusetts’ Securities Division’s administrative complaint, [...]]]></description>
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		<title>Fairfield Sentry sues hedge fund over Madoff fees</title>
		<link>http://www.hedgeco.net/news/06/2009/fairfield-sentry-sues-hedge-fund-over-madoff-fees.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/fairfield-sentry-sues-hedge-fund-over-madoff-fees.html#comments</comments>
		<pubDate>Tue, 02 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asset-value]]></category>
		<category><![CDATA[assets-under-management]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[british virgin islands]]></category>
		<category><![CDATA[fairfield greenwich group]]></category>
		<category><![CDATA[fraud]]></category>
		<category><![CDATA[greenwich time]]></category>
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		<category><![CDATA[walter noel]]></category>

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		<description><![CDATA[Greenwich Time &#8211; Fairfield Sentry Ltd., seeking to recover more than $919 million in fees related to investments involving Bernard Madoff, sued the Fairfield Greenwich Group hedge fund that lost $7 billion in Madoff&#8217;s fraud. Fairfield Sentry, based in the British Virgin Islands, said in a complaint filed May 29 in New York State Supreme [...]]]></description>
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		<title>Fairfield Hedge Funds Sued by Madoff Trustee</title>
		<link>http://www.hedgeco.net/news/05/2009/fairfield-hedge-funds-sued-by-madoff-trustee.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/fairfield-hedge-funds-sued-by-madoff-trustee.html#comments</comments>
		<pubDate>Wed, 20 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[advisory business]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[decades]]></category>
		<category><![CDATA[fairfield greenwich group]]></category>
		<category><![CDATA[fraction]]></category>
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		<description><![CDATA[Newsinferno.com &#8211; Bernard Madoff trustee, Irving Picard, has sued three Fairfield Greenwich Group hedge funds&#8212;Fairfield Sentry Ltd., Greenwich Sentry LP, and Greenwich Sentry Partners LP&#8212;in a clawback suit that seeks the return of $3.54 billion to repay victims of Madoff&#8217;s historic Ponzi scheme, said Bloomberg News. Madoff pleaded guilty to 11 fraud counts on March [...]]]></description>
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		<item>
		<title>Trustee sues Fairfield Greenwich funds for $3.54b</title>
		<link>http://www.hedgeco.net/news/05/2009/trustee-sues-fairfield-greenwich-funds-for-354b.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/trustee-sues-fairfield-greenwich-funds-for-354b.html#comments</comments>
		<pubDate>Tue, 19 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[boston globe]]></category>
		<category><![CDATA[damages]]></category>
		<category><![CDATA[fairfield greenwich group]]></category>
		<category><![CDATA[hedge funds]]></category>
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		<category><![CDATA[manhattan]]></category>
		<category><![CDATA[massive-fraud]]></category>
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		<category><![CDATA[wire transfers]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Boston Globe &#8211; The trustee liquidating Bernard Madoff&#8217;s defunct money-management firm sued three Fairfield Greenwich Group hedge funds, seeking the return of $3.54 billion withdrawn before Madoff&#8217;s massive fraud unraveled. The trustee, Irving Picard, filed the so-called clawback lawsuit yesterday in federal court in Manhattan, seeking damages that would be used to repay victims of [...]]]></description>
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		<title>Hedge fund firm Bramdean receives offer</title>
		<link>http://www.hedgeco.net/news/04/2009/hedge-fund-firm-bramdean-receives-offer.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/hedge-fund-firm-bramdean-receives-offer.html#comments</comments>
		<pubDate>Thu, 30 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asset-value]]></category>
		<category><![CDATA[bramdean]]></category>
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		<category><![CDATA[nicola-horlick]]></category>
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		<description><![CDATA[Reuters &#8211; Nicola Horlick&#8217;s boutique fund manager Bramdean Alternatives said on Thursday it has received an approach for a possible takeover by an unnamed bidder. The manager said in a statement: &#34;The Board announces that it has received an approach which may or may not lead to an offer being made for the entire issued [...]]]></description>
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		<title>Unions say they lost $1B</title>
		<link>http://www.hedgeco.net/news/04/2009/unions-say-they-lost-1b.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/unions-say-they-lost-1b.html#comments</comments>
		<pubDate>Tue, 21 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[adviser]]></category>
		<category><![CDATA[albany times union]]></category>
		<category><![CDATA[benefit funds]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[class action lawsuit]]></category>
		<category><![CDATA[investment manager]]></category>
		<category><![CDATA[investment-securities]]></category>
		<category><![CDATA[jeanneret]]></category>
		<category><![CDATA[pension money]]></category>
		<category><![CDATA[syracuse]]></category>
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		<category><![CDATA[unions]]></category>
		<category><![CDATA[white-plains]]></category>

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		<description><![CDATA[Albany Times Union &#8211; A group of upstate unions claims it lost nearly $1 billion in pension and other benefit funds after an investment manager placed the money with Bernard Madoff Investment Securities LLC. Now, the unions have filed a class-action lawsuit against the adviser, Syracuse-based J.P. Jeanneret Associates Inc. and against White Plains-based Beacon [...]]]></description>
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		<title>Peter Madoff&#8217;s Assets Frozen In Investor Lawsuit</title>
		<link>http://www.hedgeco.net/news/03/2009/peter-madoffs-assets-frozen-in-investor-lawsuit.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/peter-madoffs-assets-frozen-in-investor-lawsuit.html#comments</comments>
		<pubDate>Thu, 26 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[andrew samuels]]></category>
		<category><![CDATA[april-3rd]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[chief compliance officer]]></category>
		<category><![CDATA[fiduciary duty]]></category>
		<category><![CDATA[half a million]]></category>
		<category><![CDATA[hedgeco]]></category>
		<category><![CDATA[investment-securities]]></category>
		<category><![CDATA[justice stephen]]></category>
		<category><![CDATA[peter madoff]]></category>
		<category><![CDATA[plaintiff]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Peter Madoff, brother of convicted Ponzi schemer Bernard Madoff, had his assets temporarily frozen by a New York State Judge yesterday.&#160; The Chief Compliance Officer of Bernard L. Madoff Investment Securities LLC was sued by an investor who lost almost half a million dollars in the master fraud committed by his [...]]]></description>
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		<title>Madoff Jailed After Guilty Plea</title>
		<link>http://www.hedgeco.net/news/03/2009/madoff-jailed-after-guilty-plea.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/madoff-jailed-after-guilty-plea.html#comments</comments>
		<pubDate>Fri, 13 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bernard madoff]]></category>
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		<description><![CDATA[New York (Hedgeco.Net) &#8211; Bernard Madoff was finally promoted from house arrest to maximum security prison, after pleading guilty to the largest Ponzi scheme in history.&#160; Madoff, who swindled an estimated $65 billion out of the most elite investors, could face up to 150 years of prison. &#160; &#8220;I operated a Ponzi scheme through the [...]]]></description>
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		<title>Former Merrill execs invested in Madoff funds</title>
		<link>http://www.hedgeco.net/news/03/2009/former-merrill-execs-invested-in-madoff-funds.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/former-merrill-execs-invested-in-madoff-funds.html#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[chief john]]></category>
		<category><![CDATA[chief-executives]]></category>
		<category><![CDATA[daniel tully]]></category>
		<category><![CDATA[david komansky]]></category>
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		<description><![CDATA[Reuters &#8211; Top former Merrill Lynch executives, including two former CEOs, invested in hedge funds that lost money with alleged fraudster Bernard Madoff, becoming the highest-level Wall Street victims of the scandal to date, the Wall Street Journal reported on Thursday. Former chief executives Daniel Tully and David Komansky and former investment-banking chief Barry Friedberg [...]]]></description>
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		<item>
		<title>US regulators probed Madoff eight times over 16 years</title>
		<link>http://www.hedgeco.net/news/01/2009/us-regulators-probed-madoff-eight-times-over-16-years.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/us-regulators-probed-madoff-eight-times-over-16-years.html#comments</comments>
		<pubDate>Mon, 05 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1970s]]></category>
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		<description><![CDATA[MSN Money UK &#8211; Bernard L. Madoff Investment Securities LLC was examined at least eight times in 16 years by the U.S. Securities and Exchange Commission (SEC) and other regulators, who often came armed with suspicions, the Wall Street Journal said. SEC officials followed up on emails from a New York hedge fund that described [...]]]></description>
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		<title>Madoff set to disclose list of holdings</title>
		<link>http://www.hedgeco.net/news/12/2008/madoff-set-to-disclose-list-of-holdings.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/madoff-set-to-disclose-list-of-holdings.html#comments</comments>
		<pubDate>Wed, 31 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[authorities]]></category>
		<category><![CDATA[bank accounts]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[brokerage accounts]]></category>
		<category><![CDATA[clue]]></category>
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		<category><![CDATA[how much money]]></category>
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		<description><![CDATA[Munster Times &#8211; Investigators may get a clue Wednesday into how much money might be available for victims in the Bernard Madoff scandal. The fallen investment guru is scheduled to submit a list of his personal assets to the Securities and Exchange Commission by the end of the year, including property that could be tapped [...]]]></description>
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		<title>Some Investors Predicted the Madoff Debacle</title>
		<link>http://www.hedgeco.net/news/12/2008/some-investors-predicted-the-madoff-debacle.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/some-investors-predicted-the-madoff-debacle.html#comments</comments>
		<pubDate>Mon, 22 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[auditing-firm]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; As the investigation continues into what has turned out to be the largest fraud in history, more and more investors are coming forward who saw the red flags early, refusing to do business with Bernard Madoff. According to a report published by the Independent, investigators are now hearing stories from many [...]]]></description>
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		</item>
		<item>
		<title>SEC Staff May Have Neglected Red Flags in Hedge Fund Fraud</title>
		<link>http://www.hedgeco.net/news/12/2008/sec-staff-may-have-neglected-red-flags-in-hedge-fund-fraud.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/sec-staff-may-have-neglected-red-flags-in-hedge-fund-fraud.html#comments</comments>
		<pubDate>Wed, 17 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; SEC Chairman Christopher Cox has launched a probe into his own agency after it surfaced that complaints made to employees regarding the possible misconduct of Bernard Madoff were never investigated. Saying that specific allegations had been made to certain members of the SEC staff since at least 1999, Cox expressed his [...]]]></description>
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