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Hedge Fund News

Filed in archive Hedgetalk by rob on October 27, 2006

There is some interesting stuff going on in the world of hedge links

funds. First of all, Charles Schmitt gets a four year sentence for perpetuating hedge fund fraud. StreetInsider reports that hedge fund assets hit $1.34 trillion. Yes, that is trillion with a 't'. And finally, in what is by far the strangest news of the week, Phil Goldstein is claiming that reports detailing his investment holdings violate his Fifth Amendment rights. I don't think the SEC will buy it.

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Add your response to Hedge Fund News: Response from: Tom Very good work. Learning a lot about hedge funds from you! Just to let you know this: I ran into an exciting book: China and the new world order: how entrepreneurship, globalization, and borderless business are reshaping China and the world, written by the outspoken Chinese journalist George Zhibin Gu. It is a must read, for it has great stories on how hedge funds made billions buying into distressed Chinese banks, among other things.
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Hedge Fund News

Filed in archive Hedgetalk by rob on October 27, 2006

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