Yearly Archives: 2008
Cayman Islands in the Foreign Press
Cayman Net News – In a landmark decision the Cayman Islands Court of Appeal has settled various questions on the suspension of redemption. The ruling (December 12, 2008) in the Strategic Turnaround Master Partnership (based in New York) versus Culross […]
Lawfirm Examines Hedge Fund Misrepresentation for Investors Benefit
West Palm Beach (HedgeCo.net) – Bernstein Liebhard is investigating whether, among other things, these investment funds conducted proper due diligence before investing heavily in Madoff Securities, and whether these funds ignored the warning signs that Madoff was conducting a large-scale fraud. […]
Conference in Brussels on Carbon Capture & Storage
West Palm Beach (HedgeCo.net) – Platts 3rd Annual European Carbon Capture and Storage (CCS) conference is assembling the CCS community to discuss and review CCS projects in their various stages and look to uncover opportunities in what will become a changed […]
Prominent NY law firm to seek bankruptcy
KWCH.com – A prominent New York law firm is expected to seek bankruptcy protection. That’s according to a receiver appointed to run the firm — which has been scandalized by charges that its founder was behind a massive fraud. The […]
SEC Staff May Have Neglected Red Flags in Hedge Fund Fraud
New York (HedgeCo.Net) – SEC Chairman Christopher Cox has launched a probe into his own agency after it surfaced that complaints made to employees regarding the possible misconduct of Bernard Madoff were never investigated. Saying that specific allegations had been […]
HedgeCo Hosts Blogging Platform, Provides Outlet for Hedge Fund Industry Experts
West Palm Beach, Dec 15, 2008 – Adding to its array of new and interactive features, HedgeCo.Net has unveiled the Hedge Fund blog platform, which provides both accredited investors and the general public the rare opportunity to view the world […]
Madoff tries to stay out of jail as probe widens
Sify – Bernard Madoff, the long time Wall Street executive accused of cheating investors worldwide out of $50 billion, scrambled to find relatives or friends to guarantee his bond on Tuesday and keep him of jail. Bernard L. Madoff and […]
Goldman’s Hedge Funds Business A Bright Spot In Down Year
CNN Money – Hedge funds may be struggling and closing up shop in the current market environment, but Goldman Sachs Group Inc. (GS) was able to make more money tending to the funds’ needs this year than last. The company, […]
NY gov. seeks tax hike on hedge funds, luxury goods
Reuters – U.S. Treasury debt prices jumped on Tuesday, pushing the benchmark note’s yield down to fresh five-decade lows, after the Federal Reserve slashed interest rates near zero and vowed to extend its quantitative easing measures. In an unprecedented move, […]
Bernard Madoff Case Seen Fueling Attacks On The SEC
Post Chronicle – The SEC’s inability to uncover the scandal until Madoff’s sons went to authorities last week comes at a particularly bad time for the SEC and its Chairman, Christopher Cox. They have already been accused by some lawmakers […]