Tag Archives: seattle-times
Seattle investment firm Quellos Group expected to be indicted in tax-evasion case Thursday
Seattle Times – Federal prosecutors are expected to unseal indictments Thursday in a massive tax-evasion investigation involving the Seattle investment firm Quellos Group, accusing its officers of operating offshore tax shelters used to hide hundreds of millions of dollars from […]
$100 million recovered in hedge-fund fraud case
Seattle Times – An official appointed to recover the assets of a prominent Manhattan lawyer accused of defrauding hedge funds of at least $400 million says he has safeguarded more than $100 million in assets, including an $18.5 million yacht. […]
In Texas, a king of the Asian commodities market
Seattle Times – Just a third of hedge funds with assets of more than $100 million had positive returns in 2008, according to data compiled by Bloomberg. Abraham Trading Diversified Program, a small operation in rural Texas, was up 30 […]
Limiting fund risk can by risky too
Seattle Times – With their investment records in tatters, some mutual-fund companies are pinning their hopes on products with an old-fashioned ambition: delivering steady returns. Many of these funds are doing just that, while others are falling short of the […]
Airlines try to hedge against soaring fuel costs
Daily Herald- The computer screen on Scott Topping’s desk at Southwest Airlines flickered with row after row of dates and numbers, but they had nothing to do with arrivals and departures. They tracked the price of oil futures for the […]
