Author Archives: the HedgeCo News Team
Bankruptcy Court Approves Sales of Holding Firm for Miami-Based Tour Operators
Oct. 11–From 1997 to 2001, former Eastern Airlines president Phil Bakes rolled up 21 package tour operators into a Miami-based holding company called Far & Wide Travel Corp. On Friday, a federal bankruptcy court began to unroll Far & Wide, […]
Banker helps defense on stand
NEW YORK — Frank Quattrone is expected to face a fierce cross-examination today as prosecutors try to save their obstruction-of-justice case against the former star Credit Suisse First Bostonbanker. The momentum in the most-watched Wall Street criminal trial in a […]
SEC shapes up new rules to keep fund trading clean
WASHINGTON — The Securities and Exchange Commission will propose new rules to prevent mutual fund trading abuses like those that have shaken the fund industry. The SEC will put the proposed rules out for public comment no later than next […]
SEC will consider new curbs on mutual fund trading to stem abuses
WASHINGTON (AP) — As they investigate a widening scandal in mutual funds, long considered a safe-haven investment, federal securities regulators also will consider new curbs on fund trading toprevent future abuses. Evidence that has surfaced in the Securities and Exchange […]
Quattrone Denies Trying to Obstruct Probes
Speaking in a steady voice and smiling at jurors, former influential banker Frank Quattrone insisted he was not trying to hinder federal probes when he sent a brief e-mail urging employees to destroyfiles. Quattrone took the stand in his own […]
The Atlanta Journal-Constitution MoneyTalk Column
Oct. 10–MUTUALS SCANDAL: NIBBLE BY NIBBLE: People used to tell the story about the payroll supervisor who got rich because he managed the big company’s first computer. The tale was that he jiggered the programming so he got a dime […]
Legacy Capital Management Adds Hedge Fund Expert; Robert L. Rebitz Joins Legacy Capital Management to Lead the Development and Launch of New Hedge Fund
ROSEVILLE, Calif.–(BUSINESS WIRE)–Oct. 10, 2003–Legacy Capital Management (LCM) recently announced that Robert (Bob) L. Rebitz has joined the firm in the position of portfolio manager. Mr. Rebitz was an early member of HOLT Value Associates (now owned by Credit Suisse […]
Maximum Dynamics, Inc. Announces First Appointment to Its Advisory Board
COLORADO SPRINGS, CO — (MARKET WIRE) — 10/10/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administrationand client side support, announced today that Mpumelelo Tshume accepted an invitation […]
Former CSFB Banker Quattrone Takes Stand
NEW YORK (AP) – Speaking in a steady voice and smiling at jurors, former influential banker Frank Quattrone insisted he was not trying to hinder federal probes when he sent a brief e-mail urgingemployees to destroy files. Quattrone took the […]
Legacy Capital Management Adds Hedge Fund Expert; Robert L. Rebitz Joins Legacy Capital Management to Lead the Development and Launch of New Hedge Fund
ROSEVILLE, Calif.–(BUSINESS WIRE)–Oct. 10, 2003–Legacy Capital Management (LCM) recently announced that Robert (Bob) L. Rebitz has joined the firm in the position of portfolio manager. Mr. Rebitz was an early member of HOLT Value Associates (now owned by Credit Suisse […]
Short rides just the ticket on Square Mile’s roundabout ; City Trader
LAST Friday at 3.28pm, a company called IPC Advisors, owned by the family of Paul Reichmann, issued a statement announcing its intention to form a consortium to join the bidding contest for troubledproperty group Canary Wharf. The statement caught the […]
Investors group to sue Tyson over acquiring IBP
Investors group to sue Tyson over acquiring IBP From Associated Press, Bloomberg News, Cox News Service and Newsday reports Friday, October 10, 2003 A group of investors has gained class-action status for a suit against Tyson Foods Inc., alleging securities […]