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	<title>Hedge Fund News From HedgeCo.Net &#187; robert allen</title>
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		<title>UBS, Stanford Propel Offshore Crackdown</title>
		<link>http://www.hedgeco.net/news/02/2009/ubs-stanford-propel-offshore-crackdown.html</link>
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		<pubDate>Wed, 25 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; A federal judge has set a July 13 hearing for UBS, in which they may be forced to disclose names associated with 52,000 secret Swiss bank accounts holding more than $14.8 billion in assets.&#160; UBS continues to assert that by providing these names, they are compromising overseas privacy laws as well [...]]]></description>
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		<title>Texas Money Manager Charged with $8 Billion Fraud</title>
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		<pubDate>Wed, 18 Feb 2009 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; The Securities and Exchange Commission charged Texas businessman Robert Allen Stanford yesterday along with three of his companies for running a fraudulent $8 billion investment scheme. &#34;We are alleging a fraud of shocking magnitude that has spread its tentacles throughout the world,&#34; said Rose Romero, Regional Director of the SEC&#8217;s Fort [...]]]></description>
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