Author Archives: the HedgeCo News Team
Fort Lauderdale, Fla., Man Accused of Bilking Investors Out of $13.7 Million
Sep. 10–Two years ago, Donald C. O’Neill set up offices in the same polished high-rise building in downtown Fort Lauderdale that houses the U.S. attorney. Now prosecutors say they shared thepremises with a sophisticated crook. O’Neill, prosecutors allege, used the […]
Houston-Based Invesco Cooperates in New York Probe into Fund Trading Practices
Sep. 10–The New York attorney general’s office, which is investigating mutual fund trading practices, has contacted Houston-based Invesco Funds Group Inc., the company said Tuesday. In a statement on the company’s Web site, chief executive Mark H. Williamson said, “As […]
SS&C Adds Wexford Capital to Growing Hedge Fund Business
WINDSOR, Conn.–(BUSINESS WIRE)–Sept. 9, 2003–SS&C Technologies, Inc. (Nasdaq: SSNC) today announced that Wexford Capital LLC has successfully implemented AdvisorWare, its industry-leadinghedge fund software solution. Wexford is a prominent investment advisor based in Greenwich, CT, that serves the hedge fund and […]
WL Ross & Co. Purchases Marquis Who’s Who
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–WL Ross & Co. announced today the acquisition of Marquis Who’s Who business and National Register Publishing titles from Reed Elsevier Inc. Marquis Who’sWho, founded in 1899, is the preeminent U.S. publisher of biographical information on […]
The Bear Stearns Companies Inc. to Web Cast Its Investor Education Day
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–The Bear Stearns Companies Inc. (NYSE: BSC) today announced that it will host an investor education day on Wednesday, October 1, 2003. Senior executives ofthe firm will discuss the various lines of business in which the […]
Tavakoli Exposes Post-Enron Dangers in New Structured Finance Book
<body.content> <block> <p>CHICAGO, Sept. 9 /PRNewswire/ — Caveat Emptor! New developments in structured finance make this warning more appropriate today than in the entire historyof finance. Collateralized Debt Obligations and Structured Finance is the essential navigation guide for finance professionals […]
When the IMF came to town, time to clear the baggage and move on,
xfdws WHEN-THE-IMF-CAME sked Emerging Markets Datafile September 09, 2003 BUSINESS TIMES MALAYSIA ENGLISH When the IMF came to town, time to clear the baggage and move on, BUSINESS TIMES Zainul Arifin ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE […]
WorldCom Hearing Delayed
NEW YORK, Sept. 8 — A federal bankruptcy judge cut short the start of a hearing today on WorldCom Inc.’s plan to emerge from bankruptcy in order to give rival groups of creditors more time to negotiate a settlement and […]
Business briefs
Consumer borrowing increased in July WASHINGTON – Consumers borrowed more freely in July, especially when it came to taking out new loans to finance cars and other big- ticket purchases and to pay for vacations and school. The Federal Reserve […]
Milberg Weiss Announces The Filing Of A Class Action Suit Against Strong Financial Corporation Defendants and Canary on behalf of Purchasers of the Securities of the Strong Funds Family of Funds
NEW YORK–(BUSINESS WIRE)–Sept. 9, 2003–The law firm of Milberg Weiss Bershad Hynes & Lerach LLP announces that a class action lawsuit was filed on September 9, 2003, on behalf of purchasers ofthe securities of the Strong Funds family of funds […]
National Inquiry Cites Two Firms in Oregon College Savings Plans
Sep. 9–The names of two mutual fund companies in Oregon’s college savings plans have surfaced in a national investigation into possible mutual fund trading violations. Strong Capital Management and MFS Investment Management are among possible targets of New York Attorney […]
Evening Standard, London, Anthony Hilton Column
Sep. 9–Eyes tend to glaze over in this country when New York state attorney general Eliot Spitzer takes the stage because he is, after all, a man not without his own agenda and political ambitions.That said, he has an uncanny […]