Tag Archives: scams


Hennessee Group and co-founder settle with SEC over due diligence on Bayou hedge funds

Los Angeles Times – When a well-known investment advisor gave the Securities and Exchange Commission some unsolicited advice this week about protecting investors in hedge funds, he had already been talking to the agency about his own behavior. About half […]

Citigroup to Liquidate Hedge Fund

New York (HedgeCo.Net) – Citigroup Inc. will be liquidating its Corporate Special Opportunities fund after losing over half its value last month, according to a report by the Financial Times.  The hedge fund had frozen redemptions for almost a year […]

Hedge funds turn in September to forget

Globe and Mail – Canadian hedge funds posted a brutal 11.2 per cent decline in September, losses that are likely to leave many investors questioning this expensive alternative asset strategy. The latest installment of the Scotia Capital Canadian Hedge Fund Performance […]

History and the Really Very Weird

New York Times – Back when he was vice president, Dan Quayle noted that: “People that are really very weird can get into sensitive positions and have tremendous impact on history.” He was right, as the Germans know, even if […]

Asia plunges futher into financial chaos

Telegraph.co.uk – A move by US and European central banks, as well as by central banks in China, Taiwan, Hong Kong, Australia and South Korea, to slash borrowing costs has failed to reassure investors. "It’s impossible to predict the bottom, […]

Uncertainty hangs over hedge funds

Denver Post – First, the money rushed into hedge funds. Now, some fear, it could rush out. No one expects a wholesale flight from the nearly $2 trillion world of hedge funds, but even a modest outflow could reverberate through […]

Hedge Funds Are Bracing for Investors to Cash Out

New York Times – First, the money rushed into hedge funds. Now, some fear, it could rush out. Even as Washington reached a tentative agreement on Sunday over what may become the largest financial bailout in American history, new worries […]

Hedge Funds Appear to Have Dodged a Bullet

Seeking Alpha – If you happen to be in need of Vaseline and find that your local pharmacy is sold out, never fear. Chances are, the entire stock has been purchased by your friendly neighbourhood hedge fund manager. If you […]

Hedge fund fraud cover offered

Financial Times- When hedge fund manager and convicted fraudster Samuel Israel III disappeared this month, leaving nothing but the message "suicide is painless" scrawled in the dust on his car, you can be sure his life assurer did not pay […]