Galleon's Rajaratnam denies insider-trading charges
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Reuters
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54 minutes ago Raj Rajaratnam, the billionaire founder of hedge fund firm Galleon Group, denied federal insider trading charges and accused the government of violating his constitutional rights with its use of wiretaps.
FRM Launches Principia in New Approach to Serving Distribution Partners Worldwide
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PR Newswire
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1 hour, 2 minutes ago Financial Risk Management , a global fund of hedge funds group with offices in Europe, Asia, North America and Australia, today announced that it has launched FRM Principia, a new approach to serving distribution partners and their client base of sophisticated high net worth investors and smaller institutions.
WisdomTree Announces Zero Capital Gain Distributions for 2009 for 41 of 42 Equity ETFs
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Business Wire
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1 hour, 30 minutes ago NEW YORK----WisdomTree , an industry leading index developer and exchange-traded fund sponsor, today announced that the Company delivered zero long-or short-term capital gain distributions across 41 of its 42 equity ETFs.
Medvedev orders probe into lawyer's prison death
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AP
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1 hour, 42 minutes ago Russian President Dmitry Medvedev on Tuesday ordered a high-level probe into the recent prison death of a lawyer who fought for greater transparency in Russian business.
Wood-Prince Family Gives Northwestern Memorial Endowment Gift
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PR Newswire
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2 hours, 30 minutes ago Northwestern Memorial Hospital received a commitment of almost $5 million from the F.H. Prince 1932 Trust that was established by colorful Boston Capitalist, Fredrick Henry Prince , as directed by descendants of his well-known and personally selected successor, the late Mr.
Hedge funds set for rebound to pre-crisis level: MS
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Reuters
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Tue 5:35 am ET Investment flows into hedge funds have turned net positive and the sector is heading toward having assets under management of around $1.75 trillion by year-end, according to Morgan Stanley.
Gold eases, investors take profits after records hit
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Reuters
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Mon 9:56 pm ET Gold eased on Tuesday as investors booked profits after prices hit record highs the day before, but sentiment was underpinned by a weak dollar which makes bullion cheaper for holders of other currencies and boosts its appeal as an alternative asset.
Catalyst Paper announces private exchange offer and consent solicitation for its 8 5/8% senior notes due 2011 (CUSIP No. 65653RAD5)
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PR Newswire
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Mon 6:50 pm ET Catalyst Paper Corporation today announced that it is offering to exchange its outstanding 8 5/8% Senior Notes due June 15, 2011 held by Eligible Holders for its new 10% Senior Secured Notes due December 15, 2016 , and shares of its common stock, no par value .
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