Tag Archives: banking-industry

GLOBAL MARKETS-Investors lift stocks, look past banking worry

Alibaba News Channel – Investors generally put aside recent worries about the world economy and banking industry woes on Thursday, sending global stocks higher and reversing safety flows into the Japanese yen. Mixed earnings plagued European markets, however, with Credit […]

CSX settles case over alleged fund violations

CNNMoney.com – Railroad CSX Corp. said Wednesday it has settled a case of alleged securities law violations with two activist shareholder hedge funds. If the settlement is approved by a federal court, CSX will receive $10 million from TCI, which manages […]

SEC Officials Not Held Accountable for Mishandling Hedge Fund Insider Trading Case

New York (HedgeCo.Net) – SEC officials did not botch an investigation into alleged insider trading by hedge fund Pequot Capital Management, at least according to the SEC. Brenda P. Murray, an administrative law judge for the Securities and Exchange Commission, […]

Smith Gambrell Entangled in Hedge Fund Scandal

Law.com – Smith, Gambrell & Russell and one of its former attorneys are caught up in the expensive brouhaha surrounding International Management Associates, a now-defunct investment firm which bilked pro football players, a former Scientific-Atlanta CEO and other well-heeled investors […]