Author Archives: the HedgeCo News Team

Nov. 24–In the 1960s, Lyndon Johnson told us we could afford “guns and butter.” That we could spend money fighting a war and finance the “Great Society.” Now George Bush is telling us we can have “guns and tax cuts.” […]

<body.content> <block> <p>NEW YORK, Nov. 24 /PRNewswire/ — SG Corporate &amp; Investment Banking (SG CIB), a division of Societe Generale Group, announced today that it willoffer a range of new financial products based on the MSCI(R) Hedge Invest Index to […]

<body.content> <block> <p>NEW YORK, Nov. 24 /PRNewswire/ — Nine of the largest dealers in credit default swaps worldwide are now using the automated trade confirmation servicedeveloped by The Depository Trust &amp; Clearing Corporation (DTCC) to confirm trades.</p> <p>DTCC’s service was […]

xfdce NIGHTLY-BUSINESS-REPO-00 Show: NIGHTLY BUSINESS REPORT> Date: November 24, 2003> Time: 18:30:00> Tran: 112400cb.118> Type: SHOW> Head: Nightly Business Report> Sect: Business> Byline: Paul Kangas, Susie Gharib> Guest: William Parrett, Daniel Mitchell> Spec: Business; Economy> Time: 00:00:00> PAUL KANGAS, NIGHTLY […]

Wide support grows for stance against the flawed operations of the Financial Services Authority TODAY’S column gives an opportunity to catch up with the letters and e-mails of support for my criticisms of the Financial Services Authority that readers have […]

BOSTON (AP) – As Putnam Investments disclosed its assets fell another $9 billion last week, Massachusetts Secretary of State William Galvin said on Monday that his office was handling a wave of newtips prompted by regulators’ actions over alleged improper […]

The Financial Services Authority has extended an investigation into the way unit trusts are traded in Britain to establish whether specialist market traders and speculators might be abusing privateinvestors in a similar fashion to the so-called “market timing” scandal in […]

Amid the doldrums of venture capital, the folks at MPM Capital are on a tear. Late last year, as venture capital firms left and right were returning money to investors because they could find no place to put it, MPM […]

Nov. 23–Hank Okraski felt blindsided when he found out his longtime mutual fund, Janus, was linked to ongoing investigations of improper trading practices within the mutual-fund industry. Nobody from Janus had given him a heads-up. Nobody had called with a […]

Nov. 23–The attitude of some Las Vegas investors on the mutual fund scandal can best be summed up in the title of the 1968 Clint Eastwood movie, “Hang ‘Em High.” Others think the title of a Shakespeare play, “Much Ado […]

Scandals taint college savings plans; investors may have to wait on changes By JOHN KIMELMAN New York Times Sunday, November 23, 2003 Over the last few years, investors’ biggest complaint about state- sponsored college savings plans was that they often […]

SCANDAL SUMMARY Many companies have lost employees over market timing Sunday, November 23, 2003 Many mutual fund companies find themselves caught in New York Attorney General Eliot Spitzer’s widening net. Many more firms than are on this list have been […]