Tag Archives: u s senate


CSX, hedge fund fight in Congress; troubled fund backs off activism

June 29, 2009 : Permalink

Florida Times-Union – CSX Corp.’s proxy fight with two hedge funds ended in September with four nominees from The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. winning election to CSX’s board. But even though the fight is […]

Seattle investment firm Quellos Group expected to be indicted in tax-evasion case Thursday

June 4, 2009 : Permalink

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 […]

Hedge fund bill to give SEC registration authority

April 28, 2009 : Permalink

Guardian Unlimited – A U.S. Senate bill to make the $1.3 trillion hedge fund industry more transparent would give federal regulators the authority to require fund managers to register with the Securities and Exchange Commission, one of the bill’s authors […]

Obama’s Stimulus Package Approved by Senate

February 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – President Barack Obama’s $838 billion stimulus plan was approved by the U.S. Senate as part of a plan of action the Senate hopes will revive the collapsing US economy. $100 billion is to be alotted […]

Senate Gives Obama Victory, Allows Distribution of $350 Billion in TARP

January 16, 2009 : Permalink

New York (HedgeCo.Net) – President-elect Barack Obama has been granted permission to dole out the second half of the $700 billion in the Troubled Asset Relief Program, after a vote of confidence from the Senate.  They shot down a resolution […]