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Hedge Fund Manager's Malpractice Suit Against Law Firm Dismissed Again

August 5, 2011 by FINalternatives   Comments (0)

A hedge fund manager's law firm isn't responsible for the bad decisions he made that led to a $20 million judgment against him in favor of his former employer. read more

Bridgewater Blasted In Dartmouth Op-Ed, Co-CEO Responds

August 5, 2011 by FINalternatives   Comments (0)

Bridgewater Associates may love Dartmouth College, but that feeling is not reciprocated by everybody at the Ivy League school. read more

MKP Up 1.8% In July

August 5, 2011 by FINalternatives   Comments (0)

MKP Capital Management bucked its peers in July, managing a return while most hedge funds staggered to another losing month. read more

Staten Island Hedge Fund Fraudster Seeks Leniency For Profits

August 5, 2011 by FINalternatives   Comments (0)

The lawyer for one hedge fund fraudster has struck upon a possibly novel argument for leniency at sentencing. read more

Stanford Liquidators Get $20 Million

August 5, 2011 by FINalternatives   Comments (0)

The liquidator of accused Ponzi schemer R. Allen Stanford's bank has won the release of US$20 million in assets frozen in the U.K. read more

US nonfarm payroll employment rose by 117,000 in July 2011

August 5, 2011 by Asymptotix   Comments (0)

Total nonfarm payroll employment rose by 117,000 in July, and the unemployment rate was little changed at 9.1 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, manufacturing, and mining. Government employment continued to trend down. Household Survey Data The number of unemployed persons (13.9 million) and the unemployment rate (9.1 percent) changed little in July. Since April, the unemployment rate has shown read more