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	<title>Hedge Fund News From HedgeCo.Net &#187; spokesman</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>John Paulson buying Citigroup shares: report</title>
		<link>http://www.hedgeco.net/news/08/2009/john-paulson-buying-citigroup-shares-report.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/john-paulson-buying-citigroup-shares-report.html#comments</comments>
		<pubDate>Fri, 28 Aug 2009 12:15:41 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[credit-crisis]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[investment activities]]></category>
		<category><![CDATA[investor]]></category>
		<category><![CDATA[john paulson]]></category>
		<category><![CDATA[spokesman]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=11467</guid>
		<description><![CDATA[Reuters &#8211; Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc &#60;C.N&#62; shares over the past few weeks, the New York Post reported, citing sources. Paulson bought around a 2 percent stake in Citigroup, a source told the paper. An investor with a 5 [...]]]></description>
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		<title>UK fraud authority investigation into BVI company prompts wider probe of structured finance, swaps</title>
		<link>http://www.hedgeco.net/news/08/2009/uk-fraud-authority-investigation-into-bvi-company-prompts-wider-probe-of-structured-finance-swaps.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/uk-fraud-authority-investigation-into-bvi-company-prompts-wider-probe-of-structured-finance-swaps.html#comments</comments>
		<pubDate>Tue, 04 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[british virgin islands]]></category>
		<category><![CDATA[caribbean]]></category>
		<category><![CDATA[collateralized-debt-obligations]]></category>
		<category><![CDATA[credit default swaps]]></category>
		<category><![CDATA[credit rating agencies]]></category>
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		<category><![CDATA[london]]></category>
		<category><![CDATA[rsquo]]></category>
		<category><![CDATA[sam jaffa]]></category>
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		<category><![CDATA[specific companies]]></category>
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		<category><![CDATA[structured finance]]></category>
		<category><![CDATA[valuations]]></category>

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		<description><![CDATA[Caribbean Net News &#8211; The UK Serious Fraud Office is investigating sales of credit-default swaps and structured-finance products, including collateralized debt obligations, prior to the credit crisis, following up an&#160;earlier investigation into a hedge fund and a related British Virgin Islands-registered company. The SFO is looking into whether banks sold such products with flawed valuations, [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/08/2009/uk-fraud-authority-investigation-into-bvi-company-prompts-wider-probe-of-structured-finance-swaps.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>U.K. Probing Hedge Funds, Structured Finance Amid Fraud Concern</title>
		<link>http://www.hedgeco.net/news/08/2009/uk-probing-hedge-funds-structured-finance-amid-fraud-concern.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/uk-probing-hedge-funds-structured-finance-amid-fraud-concern.html#comments</comments>
		<pubDate>Mon, 03 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banks]]></category>
		<category><![CDATA[collateralized-debt-obligations]]></category>
		<category><![CDATA[credit default swaps]]></category>
		<category><![CDATA[finance-products]]></category>
		<category><![CDATA[global financial crisis]]></category>
		<category><![CDATA[red flag]]></category>
		<category><![CDATA[sam jaffa]]></category>
		<category><![CDATA[serious fraud office]]></category>
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		<category><![CDATA[specific companies]]></category>
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		<category><![CDATA[structured finance]]></category>
		<category><![CDATA[valuations]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; The U.K. Serious Fraud Office is investigating sales of structured-finance products such as credit default swaps and collateralized debt obligations prior to the global financial crisis. The SFO is looking into whether banks that sold the products knew that valuations were flawed, SFO spokesman Sam Jaffa said today. Jaffa said no specific companies [...]]]></description>
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		</item>
		<item>
		<title>Man team backs Bayswater hedge fund relaunch</title>
		<link>http://www.hedgeco.net/news/07/2009/man-team-backs-bayswater-hedge-fund-relaunch.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/man-team-backs-bayswater-hedge-fund-relaunch.html#comments</comments>
		<pubDate>Wed, 22 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[10-million]]></category>
		<category><![CDATA[asset-management]]></category>
		<category><![CDATA[backers]]></category>
		<category><![CDATA[bayswater]]></category>
		<category><![CDATA[capital-advisors]]></category>
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		<category><![CDATA[equity-stake]]></category>
		<category><![CDATA[giant-man]]></category>
		<category><![CDATA[global strategies]]></category>
		<category><![CDATA[global-markets]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[inefficiencies]]></category>
		<category><![CDATA[launch]]></category>
		<category><![CDATA[man-group]]></category>
		<category><![CDATA[manual override]]></category>
		<category><![CDATA[revere]]></category>
		<category><![CDATA[risk management system]]></category>
		<category><![CDATA[scale changes]]></category>
		<category><![CDATA[spokesman]]></category>
		<category><![CDATA[vicious circle]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[The Guardian &#8211; Bayswater Asset Management, a computer-driven hedge fund shut down last year after big losses during the credit crisis, has relaunched after revamping its risk management controls, its new backers said on Wednesday. San Francisco-based Bayswater had initially been backed at its launch in 2004 with $25 million from Man Global Strategies, part [...]]]></description>
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		<item>
		<title>Steel Partners says Icahn fights on in Caymans</title>
		<link>http://www.hedgeco.net/news/07/2009/steel-partners-says-icahn-fights-on-in-caymans.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/steel-partners-says-icahn-fights-on-in-caymans.html#comments</comments>
		<pubDate>Fri, 17 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[carl-icahn]]></category>
		<category><![CDATA[cayman islands]]></category>
		<category><![CDATA[controversial merger]]></category>
		<category><![CDATA[delaware court]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[investment partnership]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[pink sheets]]></category>
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		<category><![CDATA[reuters]]></category>
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		<category><![CDATA[steel partners]]></category>

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		<description><![CDATA[Reuters &#8211; Carl Icahn and other investors who failed to block Steel Partners&#8217; plan to convert a hedge fund into a listed partnership in Delaware court, continue to fight the plan in the Cayman Islands, Steel Partners said on Thursday. The New York-based fund manager announced it completed the controversial merger of Steel Partners II [...]]]></description>
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		</item>
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		<title>Michael Jackson&#8217;s death could benefit Dutch fund</title>
		<link>http://www.hedgeco.net/news/07/2009/michael-jacksons-death-could-benefit-dutch-fund.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/michael-jacksons-death-could-benefit-dutch-fund.html#comments</comments>
		<pubDate>Tue, 07 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[abp]]></category>
		<category><![CDATA[amsterdam]]></category>
		<category><![CDATA[dutch state]]></category>
		<category><![CDATA[japan]]></category>
		<category><![CDATA[king of pop]]></category>
		<category><![CDATA[michael jackson]]></category>
		<category><![CDATA[michael jackson songs]]></category>
		<category><![CDATA[music assets]]></category>
		<category><![CDATA[music catalogues]]></category>
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		<category><![CDATA[norway]]></category>
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		<category><![CDATA[state-pension-fund]]></category>

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		<description><![CDATA[Reuters Amsterdam &#8211; For Dutch pension fund ABP, Michael Jackson&#8217;s death could be good for business. The passing of the man called &#34;King of Pop&#34; last week has created a run on his music, which is partly owned by Dutch state pension fund ABP. It is the world&#8217;s third-largest state pension fund after Japan&#8217;s and [...]]]></description>
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		<title>Calpers to expand private-equity, VC investments</title>
		<link>http://www.hedgeco.net/news/06/2009/calpers-to-expand-private-equity-vc-investments.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/calpers-to-expand-private-equity-vc-investments.html#comments</comments>
		<pubDate>Mon, 08 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[acquisition]]></category>
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		<category><![CDATA[bargains]]></category>
		<category><![CDATA[california public employees]]></category>
		<category><![CDATA[california public employees retirement]]></category>
		<category><![CDATA[california public employees retirement system]]></category>
		<category><![CDATA[calpers]]></category>
		<category><![CDATA[corporate buyout]]></category>
		<category><![CDATA[employees retirement system]]></category>
		<category><![CDATA[mckinley]]></category>
		<category><![CDATA[private equity investments]]></category>
		<category><![CDATA[public employees retirement]]></category>
		<category><![CDATA[public-employees-retirement-system]]></category>
		<category><![CDATA[public-pension-funds]]></category>
		<category><![CDATA[reuters]]></category>
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		<category><![CDATA[stocks]]></category>
		<category><![CDATA[target]]></category>
		<category><![CDATA[venture-capital-investments]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; The California Public Employees&#8217; Retirement System (Calpers), which manages $169 billion in public pension funds, may boost its private-equity investments by around 40 percent as slumping markets create some acquisition bargains. Calpers&#8217; board next week is scheduled to vote on a plan that would increase the fund&#8217;s target for corporate buyout and venture-capital [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>NZ firm debuts high-risk inflation hedge fund</title>
		<link>http://www.hedgeco.net/news/06/2009/nz-firm-debuts-high-risk-inflation-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/nz-firm-debuts-high-risk-inflation-hedge-fund.html#comments</comments>
		<pubDate>Tue, 02 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alibaba]]></category>
		<category><![CDATA[assets]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[currencies]]></category>
		<category><![CDATA[excelsior]]></category>
		<category><![CDATA[facing the world]]></category>
		<category><![CDATA[haworth]]></category>
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		<category><![CDATA[inflation rate]]></category>
		<category><![CDATA[interest rates]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[money options]]></category>
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		<category><![CDATA[rate of inflation]]></category>
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		<category><![CDATA[world-economy]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Alibaba News Channel &#8211; Hedge fund firm 36 South said on Monday it had launched a &#34;high risk/high return&#34; fund designed to protect investors&#8217; portfolios against a surge in global inflation. The Excelsior fund will target returns of five times the rate of inflation in the G5 group of economies, if that inflation rate exceeds [...]]]></description>
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		</item>
		<item>
		<title>Return To Eastern Europe</title>
		<link>http://www.hedgeco.net/news/06/2009/return-to-eastern-europe.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/return-to-eastern-europe.html#comments</comments>
		<pubDate>Mon, 01 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assicurazioni generali]]></category>
		<category><![CDATA[central and eastern europe]]></category>
		<category><![CDATA[czech republic]]></category>
		<category><![CDATA[first investors]]></category>
		<category><![CDATA[forbes]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[insurer]]></category>
		<category><![CDATA[mid cap companies]]></category>
		<category><![CDATA[nbsp]]></category>
		<category><![CDATA[private equity firms]]></category>
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		<category><![CDATA[rich pickings]]></category>
		<category><![CDATA[sphere]]></category>
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		<category><![CDATA[stock prices]]></category>
		<category><![CDATA[tide]]></category>
		<category><![CDATA[toes]]></category>
		<category><![CDATA[western investors]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Forbes&#160; &#8211; Plummeting stock prices in Eastern European should have made the region full of rich pickings for Western investors, but hedge funds and private equity firms have been sitting on the side lines for the last few months, fearful that things would continue to deteriorate. Now the tide is finally changing, and the some [...]]]></description>
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		<item>
		<title>Gendell&#8217;s Tontine Partners Raises Money For New Hedge Fund</title>
		<link>http://www.hedgeco.net/news/05/2009/gendells-tontine-partners-raises-money-for-new-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/gendells-tontine-partners-raises-money-for-new-hedge-fund.html#comments</comments>
		<pubDate>Fri, 29 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[6-million]]></category>
		<category><![CDATA[capital-partners-lp]]></category>
		<category><![CDATA[flagship]]></category>
		<category><![CDATA[heavy losses]]></category>
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		<category><![CDATA[investors]]></category>
		<category><![CDATA[jeffrey-gendell]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[nasdaq]]></category>
		<category><![CDATA[partners fund]]></category>
		<category><![CDATA[regulatory filings]]></category>
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		<description><![CDATA[Nasdaq.com &#8211; Jeffrey Gendell of Tontine Partners LP, who is closing two of his hedge funds after steep losses, has raised money for his new Tontine Total Return Fund, according to regulatory filings. The Tontine Total Return fund, which Gendell said would be launched in February, has received $11 million from investors, according to a [...]]]></description>
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		<title>NY pension clips fund of funds stakes to $500 mln</title>
		<link>http://www.hedgeco.net/news/05/2009/ny-pension-clips-fund-of-funds-stakes-to-500-mln.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/ny-pension-clips-fund-of-funds-stakes-to-500-mln.html#comments</comments>
		<pubDate>Wed, 27 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alan hevesi]]></category>
		<category><![CDATA[blue chip]]></category>
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		<category><![CDATA[investments]]></category>
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		<category><![CDATA[whalen]]></category>

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		<description><![CDATA[Reuters &#8211; New York state&#8217;s pension fund has cut its so-called fund of funds investments to about $500 million from $5 billion since January 2008, after deciding direct investments were preferable, a spokesman said Tuesday. Fund of funds invest money in hedge funds on behalf of their investors, and they helped the state gain access [...]]]></description>
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		</item>
		<item>
		<title>Six exit hedge fund firm NewSmith in cost cuts</title>
		<link>http://www.hedgeco.net/news/05/2009/six-exit-hedge-fund-firm-newsmith-in-cost-cuts.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/six-exit-hedge-fund-firm-newsmith-in-cost-cuts.html#comments</comments>
		<pubDate>Wed, 20 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Private Equity]]></category>
		<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[assets]]></category>
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		<category><![CDATA[nbsp]]></category>
		<category><![CDATA[newsmith capital partners]]></category>
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		<description><![CDATA[Reuters UK&#160; &#8211; NewSmith Capital Partners, one of the hedge fund firms to appear before a parliamentary committee investigating the UK banking crisis in January, has lost six staff as it cuts costs in a tough period for the industry. According to a regulatory filing obtained by Reuters on Tuesday, Edward Johnson, an analyst on [...]]]></description>
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		</item>
		<item>
		<title>Blackstone Cancels Plan for Asian Event-Driven Fund</title>
		<link>http://www.hedgeco.net/news/05/2009/blackstone-cancels-plan-for-asian-event-driven-fund.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/blackstone-cancels-plan-for-asian-event-driven-fund.html#comments</comments>
		<pubDate>Fri, 15 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[asian companies]]></category>
		<category><![CDATA[blackstone group]]></category>
		<category><![CDATA[blackstone group lp]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Blackstone Group LP, the world&#8217;s biggest buyout company, canceled a plan to start a hedge fund that initially aimed to invest as much as $1 billion in Asian companies affected by events such as mergers and reorganizations. Blackstone decided not to proceed with the Asian event- driven fund &#8220;after a review of the [...]]]></description>
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		</item>
		<item>
		<title>Integrated changes tack with deal to sell hedge funds</title>
		<link>http://www.hedgeco.net/news/04/2009/integrated-changes-tack-with-deal-to-sell-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/integrated-changes-tack-with-deal-to-sell-hedge-funds.html#comments</comments>
		<pubDate>Thu, 30 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[aim]]></category>
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		<category><![CDATA[business-models]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[fund-of-hedge-funds]]></category>
		<category><![CDATA[integrated asset management]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[percent-stake]]></category>
		<category><![CDATA[private-banking]]></category>
		<category><![CDATA[repositioning]]></category>
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		<description><![CDATA[Reuters &#8211; Integrated Asset Management said on Wednesday it is repositioning as a pure play brokerage business after agreeing to sell a 51 percent stake in its French fund of hedge funds business. The firm, listed on London&#8217;s AIM market, is selling the stake in Altigefi to Sal. Oppenheim in a deal which will also [...]]]></description>
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		</item>
		<item>
		<title>Integrated changes tack with deal to sell hedge funds</title>
		<link>http://www.hedgeco.net/news/04/2009/integrated-changes-tack-with-deal-to-sell-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/integrated-changes-tack-with-deal-to-sell-hedge-funds.html#comments</comments>
		<pubDate>Wed, 29 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[aim]]></category>
		<category><![CDATA[banking-group]]></category>
		<category><![CDATA[brokerage-business]]></category>
		<category><![CDATA[business-models]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[fund-of-hedge-funds]]></category>
		<category><![CDATA[integrated asset management]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[percent-stake]]></category>
		<category><![CDATA[private-banking]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; Integrated Asset Management said on Wednesday it is repositioning as a pure play brokerage business after agreeing to sell a 51 percent stake in its French fund of hedge funds business. The firm, listed on London&#8217;s AIM market, is selling the stake in Altigefi to Sal. Oppenheim in a deal which will also [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds Find Arb Opportunity in SPACs</title>
		<link>http://www.hedgeco.net/news/04/2009/hedge-funds-find-arb-opportunity-in-spacs.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/hedge-funds-find-arb-opportunity-in-spacs.html#comments</comments>
		<pubDate>Tue, 07 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[aqr]]></category>
		<category><![CDATA[arbitrage strategies]]></category>
		<category><![CDATA[fact sheet]]></category>
		<category><![CDATA[liquidity]]></category>
		<category><![CDATA[risk adjusted returns]]></category>
		<category><![CDATA[spokesman]]></category>
		<category><![CDATA[trades]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Street.Com &#8211; In a fact sheet about the fund, which engages in several arbitrage strategies, AQR outlined plans to take advantage of a lack of liquidity in the &#34;thinly traded&#34; SPAC market. A spokesman for AQR says the firm is not concerned that it missed the height of the market last fall, since it expects [...]]]></description>
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		<title>Obama And Merkel In Agreement Ahead Of G20 &#8211; Germany</title>
		<link>http://www.hedgeco.net/news/03/2009/obama-and-merkel-in-agreement-ahead-of-g20-germany.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/obama-and-merkel-in-agreement-ahead-of-g20-germany.html#comments</comments>
		<pubDate>Fri, 27 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[angela-merkel]]></category>
		<category><![CDATA[backdrop]]></category>
		<category><![CDATA[barack obama]]></category>
		<category><![CDATA[chancellor-angela-merkel]]></category>
		<category><![CDATA[developing nations]]></category>
		<category><![CDATA[financial crisis]]></category>
		<category><![CDATA[financial-markets]]></category>
		<category><![CDATA[first trip]]></category>
		<category><![CDATA[g20 summit]]></category>
		<category><![CDATA[points of contention]]></category>
		<category><![CDATA[rifts]]></category>
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		<category><![CDATA[timothy geithner]]></category>
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		<category><![CDATA[trip to europe]]></category>
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		<category><![CDATA[video conference]]></category>
		<category><![CDATA[wilhelm]]></category>

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		<description><![CDATA[EasyBourse.com &#8211; The U.S. and Germany are going &#34;in the same direction&#34; ahead of next week&#8217;s G20 summit, a spokesman for Chancellor Angela Merkel said Friday amid reports of rifts between Europe and the U.S. There are &#34;no points of contention here between us and the U.S. government. For both of us, and our position [...]]]></description>
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		<title>UBP Makes Offer to Madoff Victims</title>
		<link>http://www.hedgeco.net/news/03/2009/ubp-makes-offer-to-madoff-victims.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/ubp-makes-offer-to-madoff-victims.html#comments</comments>
		<pubDate>Fri, 13 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[blogs]]></category>
		<category><![CDATA[fund investors]]></category>
		<category><![CDATA[geneva]]></category>
		<category><![CDATA[goodwill gesture]]></category>
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		<category><![CDATA[new york times]]></category>
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		<description><![CDATA[New York Times Blogs &#8211; Swiss private bank Union Bancaire Priv&#233;e, one of the largest European hedge-fund investors, offered Thursday to buy back $700 million of its clients&#8217; Bernard L. Madoff-related investments at half what they originally paid. The bank, based in Geneva, will offer to pay clients the equivalent of 50 percent of the [...]]]></description>
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		<title>Goldman says partners hit by margin calls</title>
		<link>http://www.hedgeco.net/news/02/2009/goldman-says-partners-hit-by-margin-calls.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/goldman-says-partners-hit-by-margin-calls.html#comments</comments>
		<pubDate>Wed, 18 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[extent]]></category>
		<category><![CDATA[goldman-sachs]]></category>
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		<category><![CDATA[goldman-sachs-group-inc]]></category>
		<category><![CDATA[lending-money]]></category>
		<category><![CDATA[margin accounts]]></category>
		<category><![CDATA[margin call]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[sachs group inc]]></category>
		<category><![CDATA[shortfall]]></category>
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		<description><![CDATA[Reuters &#8211; Goldman Sachs Group Inc said several partners must cover margin calls triggered by the depressed value of Goldman stock and many of the firm&#8217;s hedge funds, but the bank denied it is lending money to its executives. &#34;Partners can, and many do, have margin accounts at the firm,&#34; Goldman spokesman Lucas van Praag [...]]]></description>
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		<title>Partner exits hedge fund firm NewSmith Capital</title>
		<link>http://www.hedgeco.net/news/02/2009/partner-exits-hedge-fund-firm-newsmith-capital.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/partner-exits-hedge-fund-firm-newsmith-capital.html#comments</comments>
		<pubDate>Fri, 13 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[banking crisis]]></category>
		<category><![CDATA[departures]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[newsmith capital partners]]></category>
		<category><![CDATA[operations team]]></category>
		<category><![CDATA[portfolio-manager]]></category>
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		<description><![CDATA[Reuters &#8211; NewSmith Capital Partners, one of the hedge fund firms to appear before last month&#8217;s Treasury Select Committee into the banking crisis, told Reuters on Thursday partner Jeremy Silewicz had left the firm. Silewicz, who joined NewSmith in March 2007 as a portfolio manager on its European fund before moving to a role in [...]]]></description>
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		<title>U.S. accuses three in insider trading scheme</title>
		<link>http://www.hedgeco.net/news/02/2009/us-accuses-three-in-insider-trading-scheme.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/us-accuses-three-in-insider-trading-scheme.html#comments</comments>
		<pubDate>Fri, 06 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Press Releases]]></category>
		<category><![CDATA[5-million]]></category>
		<category><![CDATA[albertsons inc]]></category>
		<category><![CDATA[asset-management]]></category>
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		<category><![CDATA[court documents]]></category>
		<category><![CDATA[criminal complaints]]></category>
		<category><![CDATA[fbi]]></category>
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		<category><![CDATA[insider trading]]></category>
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		<description><![CDATA[Reuters &#8211; A hedge fund manager, a brokerage trader and a financial adviser were charged on Thursday with insider trading in the stock of supermarket chain Albertsons Inc, reaping total profits of about $7.5 million, according to court documents. The criminal complaints were filed in U.S. District Court in Manhattan against Joseph Contorinis, a former [...]]]></description>
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		<title>Utah Plays Hardball With Hedge Funds</title>
		<link>http://www.hedgeco.net/news/02/2009/utah-plays-hardball-with-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/utah-plays-hardball-with-hedge-funds.html#comments</comments>
		<pubDate>Fri, 06 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alternative-investment-news]]></category>
		<category><![CDATA[dave anderson]]></category>
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		<category><![CDATA[lockup period]]></category>
		<category><![CDATA[management fees]]></category>
		<category><![CDATA[management letter]]></category>
		<category><![CDATA[money management]]></category>
		<category><![CDATA[operating expenses]]></category>
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		<category><![CDATA[transparency]]></category>
		<category><![CDATA[utah retirement systems]]></category>

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		<description><![CDATA[Money Management Letter &#8211; The Utah Retirement Systems has proposed that hedge funds&#8217; management fees cover operating expenses only, that performance fees be paid either at the end of a lockup period or placed on a deferred schedule, and that managers should meet the transparency needs of every investor. The scheme has issued what it [...]]]></description>
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		<title>Deutsche Bank Says Had No Losses on Two Hedge Funds</title>
		<link>http://www.hedgeco.net/news/01/2009/deutsche-bank-says-had-no-losses-on-two-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/deutsche-bank-says-had-no-losses-on-two-hedge-funds.html#comments</comments>
		<pubDate>Wed, 21 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[ag germany]]></category>
		<category><![CDATA[ambrosius]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[deutsche bank]]></category>
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		<category><![CDATA[institutional asset management]]></category>
		<category><![CDATA[losses]]></category>
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		<category><![CDATA[telephone-interview]]></category>

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		<description><![CDATA[Bloomberg -&#160; Deutsche Bank AG, Germany&#8217;s biggest bank, said it suffered no losses from its U.S. hedge funds CQ Capital and Distressed Opportunities. The Frankfurt-based company invested no capital in the hedge funds, which are for institutional asset management clients, spokesman Tim Oliver Ambrosius said in a telephone interview today. Read Complete Article]]></description>
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		</item>
		<item>
		<title>RPT-EXCLUSIVE-Hedge fund firm Magnetar cuts London jobs</title>
		<link>http://www.hedgeco.net/news/01/2009/rpt-exclusive-hedge-fund-firm-magnetar-cuts-london-jobs.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/rpt-exclusive-hedge-fund-firm-magnetar-cuts-london-jobs.html#comments</comments>
		<pubDate>Tue, 20 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[desk]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[london office]]></category>
		<category><![CDATA[magnetar]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[reuters]]></category>
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		<category><![CDATA[support-staff]]></category>

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		<description><![CDATA[Reuters &#8211; Multibillion dollar hedge fund firm Magnetar Capital has shut its London risk arbitrage desk and cut seven jobs, the firm told Reuters on Monday, as the industry goes through its biggest crisis. A spokesman said four traders and three support staff had left the 15-person London office of Magnetar, which runs multi-strategy hedge [...]]]></description>
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		<title>Bard College lost $3 million in Madoff scheme</title>
		<link>http://www.hedgeco.net/news/01/2009/bard-college-lost-3-million-in-madoff-scheme.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/bard-college-lost-3-million-in-madoff-scheme.html#comments</comments>
		<pubDate>Fri, 16 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[ariel]]></category>
		<category><![CDATA[bard college]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[daily freeman]]></category>
		<category><![CDATA[dutchess school]]></category>
		<category><![CDATA[economics institute]]></category>
		<category><![CDATA[endowment-fund]]></category>
		<category><![CDATA[ezra]]></category>
		<category><![CDATA[financier]]></category>
		<category><![CDATA[investments]]></category>
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		<category><![CDATA[wall street]]></category>

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		<description><![CDATA[Daily Freeman &#8211; Bard College said on Thursday that it lost about $3 million in investments tied to disgraced Wall Street financier Bernard Madoff. Bard spokesman Mark Primoff said the losses came in the Northern Dutchess school&#8217;s $270 million endowment fund. Primoff said the college invested in the Ariel Fund run by J. Ezra Merkin, [...]]]></description>
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		<title>Israel Girlfriend Pleads Not Guilty to Aiding Escape</title>
		<link>http://www.hedgeco.net/news/01/2009/israel-girlfriend-pleads-not-guilty-to-aiding-escape.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/israel-girlfriend-pleads-not-guilty-to-aiding-escape.html#comments</comments>
		<pubDate>Thu, 15 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bloomberg]]></category>
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		<category><![CDATA[white plains new york]]></category>

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		<description><![CDATA[Bloomberg -&#160;Debra Ryan, the girlfriend of Samuel Israel, the convicted founder of hedge-fund firm Bayou Group LLC charged with bail jumping, pleaded not guilty to helping him escape. Israel, 49, is accused of faking his suicide and fleeing the day he was to begin a 20-year sentence for his federal conviction in a $400 million [...]]]></description>
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		</item>
		<item>
		<title>Paulson&#8217;s Pellegrini Said to Resign to Start Own Hedge Fund</title>
		<link>http://www.hedgeco.net/news/01/2009/paulsons-pellegrini-said-to-resign-to-start-own-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/paulsons-pellegrini-said-to-resign-to-start-own-hedge-fund.html#comments</comments>
		<pubDate>Wed, 07 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[amp]]></category>
		<category><![CDATA[armel]]></category>
		<category><![CDATA[bets]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[client letters]]></category>
		<category><![CDATA[credit opportunities]]></category>
		<category><![CDATA[credit rating]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[housing bubble]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[john paulson]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[mortgage backed securities]]></category>
		<category><![CDATA[mortgage-defaults]]></category>
		<category><![CDATA[paolo pellegrini]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[spokesman]]></category>

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		<description><![CDATA[Bloomberg &#8211; Paolo Pellegrini, the hedge-fund manager who helped Paulson &#38; Co. make more than $3 billion in 2007 on bets the U.S. housing bubble would burst, resigned to start his own fund, a person familiar with the matter said. Pellegrini, 52, a manager of Paulson&#8217;s credit opportunities funds, left on Dec. 31 in an [...]]]></description>
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		<title>Credit Suisse clients may have lost 627 mln pounds ($195.18 mln) on Madoff</title>
		<link>http://www.hedgeco.net/news/12/2008/credit-suisse-clients-may-have-lost-627-mln-pounds-19518-mln-on-madoff.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/credit-suisse-clients-may-have-lost-627-mln-pounds-19518-mln-on-madoff.html#comments</comments>
		<pubDate>Mon, 29 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[case credit]]></category>
		<category><![CDATA[credit-suisse]]></category>
		<category><![CDATA[funds of hedge funds]]></category>
		<category><![CDATA[investments]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[spokesman]]></category>
		<category><![CDATA[swindler]]></category>
		<category><![CDATA[swiss-francs]]></category>
		<category><![CDATA[switzerland]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters UK &#8211; Credit Suisse clients may have lost up to 1 billion Swiss francs (627.3 million pounds) ($195.18 mln) on investments connected to accused swindler Bernard Madoff, newspaper Sonntag reported on Sunday. Without giving details of its sources, Sonntag reported that internal forecasts at Credit Suisse showed that customers of Switzerland&#8217;s second-largest bank could [...]]]></description>
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		<title>Tontine Capital to Start New Hedge Fund After Losses</title>
		<link>http://www.hedgeco.net/news/12/2008/tontine-capital-to-start-new-hedge-fund-after-losses.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/tontine-capital-to-start-new-hedge-fund-after-losses.html#comments</comments>
		<pubDate>Wed, 24 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hedge Fund Launches]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[capital-partners-lp]]></category>
		<category><![CDATA[greenwich-connecticut]]></category>
		<category><![CDATA[inception]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[jeffrey-gendell]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[money]]></category>
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		<category><![CDATA[stocks]]></category>
		<category><![CDATA[tontine partners]]></category>

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		<description><![CDATA[Bloomberg &#8211; Jeffrey Gendell, whose investment firm Tontine Associates LLC is liquidating two hedge funds after losses of more than 60 percent this year, plans to start a new fund in February. The Tontine Total Return Fund will invest in stocks believed to be undervalued and won&#8217;t use borrowed money, Gendell said in a letter [...]]]></description>
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		<item>
		<title>Fund manager found dead after Madoff losses</title>
		<link>http://www.hedgeco.net/news/12/2008/fund-manager-found-dead-after-madoff-losses.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/fund-manager-found-dead-after-madoff-losses.html#comments</comments>
		<pubDate>Wed, 24 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
		<category><![CDATA[access international advisors]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[box cutter]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[co founder]]></category>
		<category><![CDATA[committed suicide]]></category>
		<category><![CDATA[desk]]></category>
		<category><![CDATA[fund-management-company]]></category>
		<category><![CDATA[investment manager]]></category>
		<category><![CDATA[madison avenue]]></category>
		<category><![CDATA[security guard]]></category>
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		<category><![CDATA[stanley knife]]></category>
		<category><![CDATA[yesterday morning]]></category>

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		<description><![CDATA[Times Online &#8211; A French investment manager who entrusted $2.1 billion (&#163;1.42 billion) with Bernard Madoff was found dead in New York yesterday. Thierry de la Villehuchet is thought to have committed suicide. He was found early yesterday morning in his office on Madison Avenue by a security guard. He was found at his desk [...]]]></description>
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