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	<title>Hedge Fund News From HedgeCo.Net &#187; wednesday-night</title>
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		<title>Barclays Sues Chicago Hedge Fund Over Ties to Petters</title>
		<link>http://www.hedgeco.net/news/11/2008/barclays-sues-chicago-hedge-fund-over-ties-to-petters.html</link>
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		<pubDate>Mon, 24 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Barclays Bank Plc has sued Chicago-based Ritchie Capital Management and the hedge fund&#8217;s principal Thane Ritchie, accusing them of concealing a $150 million investment in the controversial and now collapsed Petters Group Worldwide LLC. According to the complaint filed on November 18th, Thane Ritchie gave the go-ahead to invest &#8220;significant sums&#8221; [...]]]></description>
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		<title>Ritchie Funds Sued by Barclays Over Hidden Petters Group Stake</title>
		<link>http://www.hedgeco.net/news/11/2008/ritchie-funds-sued-by-barclays-over-hidden-petters-group-stake.html</link>
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		<pubDate>Thu, 20 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bloomberg &#8211; Ritchie Capital Management and Thane Ritchie, the hedge fund manager&#8217;s principal, were sued by Barclays Bank Plc over accusations they concealed more than $150 million in investments made in the collapsed Petters Group Worldwide LLC and affiliates. Now bankrupt, Petters Group, based in Minnetonka, Minnesota, was raided in September by FBI agents acting [...]]]></description>
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		<title>Feds expand probe into Bear Stearns</title>
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		<pubDate>Thu, 09 Oct 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Newsday &#8211; A federal probe of the $1.8-billion collapse of Bear Stearns hedge funds has spread to include the activities of a number of banks and other lenders, according to court records and legal sources. Investigators are also reviewing various private financial memorandums prepared by Bear Stearns officials for possible fraud against wealthy investors, said [...]]]></description>
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