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	<title>Hedge Fund News From HedgeCo.Net &#187; zukin</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Neuberger Berman to buy Lehman Holdings</title>
		<link>http://www.hedgeco.net/news/12/2008/neuberger-berman-to-buy-lehman-holdings.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/neuberger-berman-to-buy-lehman-holdings.html#comments</comments>
		<pubDate>Wed, 10 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[aozora-bank]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[brian-l-roberts]]></category>
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		<category><![CDATA[fre]]></category>
		<category><![CDATA[laurence-fink]]></category>
		<category><![CDATA[lehman-brothers-holdings]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; &#160;Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a new, independent investment management company to be called Neuberger Investment Management, managing approximately $160 billion of assets as of 30 November 2008. Lehman Brothers [...]]]></description>
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		<title>Lehman to sell stake in R3 hedge fund</title>
		<link>http://www.hedgeco.net/news/10/2008/lehman-to-sell-stake-in-r3-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/lehman-to-sell-stake-in-r3-hedge-fund.html#comments</comments>
		<pubDate>Thu, 09 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[100-million]]></category>
		<category><![CDATA[aftermath]]></category>
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		<description><![CDATA[Reuters &#8211; Lehman Brothers Holdings Inc agreed on Wednesday to sell its 45 percent stake in hedge fund R3 Capital Partners for $250 million in cash and a $250 million investment in another fund managed by R3. Lehman, which filed for bankruptcy protection last month, acquired the stake in May in return of a roughly [...]]]></description>
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		<title>Lehman Brothers Faces Objections to Barclays Sale</title>
		<link>http://www.hedgeco.net/news/09/2008/lehman-brothers-faces-objections-to-barclays-sale.html</link>
		<comments>http://www.hedgeco.net/news/09/2008/lehman-brothers-faces-objections-to-barclays-sale.html#comments</comments>
		<pubDate>Mon, 22 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[aladdin-casino]]></category>
		<category><![CDATA[broker-dealers]]></category>
		<category><![CDATA[cayman-net-news]]></category>
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		<category><![CDATA[mistrust]]></category>
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		<category><![CDATA[zukin]]></category>

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		<description><![CDATA[Bloomberg &#8211; Lehman Brothers Holdings Inc., the U.S. investment bank holding company that filed the largest bankruptcy in history, faces objections to a proposed $1.75 billion sale of its broker-dealer unit to Barclays Plc. Hedge fund Harbinger Capital Partners asked a U.S. bankruptcy judge to block the sale unless Lehman immediately discloses cash transfers it [...]]]></description>
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		<title>Hedge Fund&#8217;s Art of a Bankruptcy</title>
		<link>http://www.hedgeco.net/news/08/2008/hedge-funds-art-of-a-bankruptcy.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/hedge-funds-art-of-a-bankruptcy.html#comments</comments>
		<pubDate>Wed, 20 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[adverse-effect]]></category>
		<category><![CDATA[angela-merkel]]></category>
		<category><![CDATA[asset-allocation-fund]]></category>
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		<description><![CDATA[CFO.com &#8211; Even hedge funds are not immune to the credit crunch. A small hedge fund that provided short-term debt to companies has filed for Chapter 11 bankruptcy protection. Greenwich, Connecticut-based SageCrest Finance, managed by Windmill Management, said in its Chapter 11 petition filed in U.S. bankruptcy court that it had listed assets of $50 [...]]]></description>
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		<title>Hedge Fund SageCrest Files For Bankruptcy</title>
		<link>http://www.hedgeco.net/news/08/2008/hedge-fund-sagecrest-files-for-bankruptcy.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/hedge-fund-sagecrest-files-for-bankruptcy.html#comments</comments>
		<pubDate>Wed, 20 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; In an effort to head off a forced asset sale, Windmill Management&#8217;s SageCrest Finance and SageCrest II filed for Chapter 11 bankruptcy after its assets fell sharply. The hedge fund filed at U.S. Bankruptcy Court in Bridgeport, Conn. In a letter to investors, The fund said that the bankruptcy process [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>Hedge Fund SageCrest Files for Bankruptcy</title>
		<link>http://www.hedgeco.net/news/08/2008/hedge-fund-sagecrest-files-for-bankruptcy.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/hedge-fund-sagecrest-files-for-bankruptcy.html#comments</comments>
		<pubDate>Tue, 19 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[bank-merger]]></category>
		<category><![CDATA[default-rate]]></category>
		<category><![CDATA[furtherance]]></category>
		<category><![CDATA[john-humphrey]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Greenwich-based hedge fund SageCrest Finance has filed for Chapter 11 bankruptcy protection.&#160; The credit opportunity fund, which grants short-term loan to companies left with few financing alternatives, said its recent losses were due to the condition of the debt markets coupled with mounting lawsuits.&#160; The fund once managed around $900 million.&#160; [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>GM Increases Loan to Delphi by $300 million</title>
		<link>http://www.hedgeco.net/news/08/2008/gm-increases-loan-to-delphi-by-300-million.html</link>
		<comments>http://www.hedgeco.net/news/08/2008/gm-increases-loan-to-delphi-by-300-million.html#comments</comments>
		<pubDate>Fri, 08 Aug 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[auto-parts-supplier]]></category>
		<category><![CDATA[bankruptcy-code]]></category>
		<category><![CDATA[bankrupty]]></category>
		<category><![CDATA[bastion]]></category>
		<category><![CDATA[brokerages]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[delphi-corp]]></category>
		<category><![CDATA[disapproval]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; While Delphi continues its quest to secure the capital needed to exit bankruptcy, GM has announced they will increase their loan to the auto parts maker to $950 million.&#160; The extra $300 million will help Delphi maintain some liquidity throughout the process. Delphi, who sought bankruptcy protection in October 2005, pulled [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Hedge Fund Claim Made Sense, Ex-Bear Executive Says</title>
		<link>http://www.hedgeco.net/news/06/2008/hedge-fund-claim-made-sense-ex-bear-executive-says.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/hedge-fund-claim-made-sense-ex-bear-executive-says.html#comments</comments>
		<pubDate>Wed, 18 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hedge Fund Fraud]]></category>
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		<category><![CDATA[capital-management-ltd]]></category>
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		<category><![CDATA[eliot-spitzer]]></category>
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		<description><![CDATA[Bloomberg &#8211; Bear Stearns Cos. didn&#8217;t investigate the financial health of a hedge-fund client that later collapsed because its claim of an annual 20 percent return on investment &#8220;made perfect sense,&#8221; a former executive at the firm said. Bear Stearns was sued in 2001 by a bankruptcy trustee on behalf of creditors of the now-defunct [...]]]></description>
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