Tag Archives: increments


Santander Bank Struggles to Meet Redemptions, Seeks to Halt Withdrawals

February 17, 2009 : Permalink

New York (HedgeCo.Net) – Spanish bank Santander is seeking to freeze redemptions after stating on Monday that they currently lack the liquidity to meet the rising demands for withdrawals.  Investors in the bank’s flagsihip real-estate fund, the Santander Banif Inmobiliario […]

Stock Manipulation Probe Launched After Prices Spike

October 21, 2008 : Permalink

Bloomberg – U.S. regulators are investigating whether investors manipulated end-of-day stock prices to avoid being forced by their brokers to sell holdings. These gaps, which caused the Dow Jones Industrial Average to swing as much as 104 points this month […]

Moody’s to Launch Internal Investigation Following Ratings Errors

July 2, 2008 : Permalink

New York (HedgeCo.Net) – Credit rating agency Moody’s said on Tuesday that it would probe deeper into why its staff incorrectly rated approximately $1 billion of complex debt securities. While it was thought to be a computer error that caused […]

Bear Stearns Not Liable for Fraudulent Fund

July 1, 2008 : Permalink

New York (HedgeCo.Net) – Bear Stearns has triumphed in a case involving disgruntled investors seeking $141 million for the losses they incurred following the collapse of the Manhattan Investment Fund Ltd., a hedge fund where Bear served as the prime […]