Archive for June 19th, 2008


ABC News
Feds: Gal Pal Admits Bayou Swindler On The Lam
Forbes - 2 hours ago
That sound you hear north of New York City is the stampede of Hollywood movie producers. Samuel Israel, the ex-hedge fund manager convicted of defrauding investors in a $450 million pyramid scheme known as Bayou Group, really is on the lam.
Woman charged with helping hedge fund manager flee Reuters
Feds arrest girlfriend of missing hedge-fund swindler Lower Hudson Journal news
The Associated Press - CNN - FINalternatives - Newsweek
all 150 news articles

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China shocks with 18 percent fuel price rise
Reuters - 51 minutes ago
By Chen Aizhu and Carolyn Qu BEIJING (Reuters) - China unexpectedly raised retail gasoline and diesel prices by up to 18 percent on Thursday, sending oil prices tumbling as Beijing moved to temper demand at the risk of stoking domestic angst over
China Sharply Raises Energy Prices New York Times
China petrol price rise fuels motorists' anger guardian.co.uk
abc7news.com - Reuters UK - Wall Street Journal
all 220 news articles

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HispanicBusiness.com
Prosecutors build Bear Stearns case on e-mails
International Herald Tribune - 1 hour ago
By Landon Thomas Jr. In late April of 2007, a senior Bear Stearns hedge fund executive sent an e-mail message to his boss bemoaning a collapsing market for securities tied to subprime mortgages.
Video: 2 Former Bear Stearns Executives Arrested AssociatedPress
Asia Day Ahead: Ex-Bear Stearns Managers Indicted; Oil Drops Bloomberg
Reuters - MarketWatch - guardian.co.uk - Nightly Business Report
all 1,139 news articles

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Javno.hr
Government Crackdown on Mortgage Fraud
New York Times - 5 hours ago
By CHARLIE SAVAGE WASHINGTON - The Justice Department announced Thursday that 406 people had been indicted since March on charges of mortgage fraud involving the sale of individual properties, including about 60 who were arrested on Wednesday.
Attorneys Among 406 Indicted in Operation Malicious Mortgage ABA Journal
Feds target Hawaii mortgage fraud cases Bizjournals.com
San Francisco Chronicle - AHN - WLBT-TV - WXIA-TV
all 80 news articles

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New York Daily News
3rd UPDATE: Ex-Bear Stearns Fund Mgrs Indicted On Fraud Chgs
CNNMoney.com - 2 hours ago
By Chad Bray NEW YORK -(Dow Jones)- The former managers of two Bear Stearns Cos. funds encouraged investors to continue to put money in the funds, while privately expressing concerns about their outlook months before their collapse, costing investors
Video: Raw Video: Ex-Bear Stearns Execs Surrender AssociatedPress
Asia Day Ahead: Ex-Bear Stearns Managers Indicted; Oil Drops Bloomberg
Reuters - MarketWatch - International Herald Tribune - Sun-Sentinel.com
all 1,096 news articles

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Ottawa Citizen
Experts say hedge fund arrests send out chills
Reuters - 46 minutes ago
By Svea Herbst-Bayliss - Analysis BOSTON (Reuters) - Pictures of hedge fund managers in handcuffs being led away to face fraud charges on Thursday have sent a chilling message to the $2 trillion (1 trillion pound) industry.
Video: Raw Video: Ex-Bear Stearns Execs Surrender AssociatedPress
2nd UPDATE: Ex-Bear Stearns Fund Mgrs Indicted On Fraud Chgs CNNMoney.com
International Herald Tribune - TheStreet.com - guardian.co.uk - Forbes
all 1,032 news articles

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Turkish Press
Continental, United Get Cozy
Forbes - 58 minutes ago
Out with the old, in with the new: that's how it will be now that Continental Airlines has teamed up with UAL's United Airlines in a nice, cozy, code-sharing agreement.
Continental, United plan global cooperation Reuters
Continental Airlines joining Star Alliance Bizjournals.com
New York Times - Bloomberg - Wall Street Journal - MarketWatch
all 236 news articles

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Turkish Press
United and Continental Form Alliance
New York Times - 1 hour ago
By MICHELINE MAYNARD Continental Airlines and United Airlines, which decided in April not to merge, said on Thursday that they had reached agreement on a framework to link their networks and operations worldwide.
United, Continental to Form Alliance to Share Flights (Update2) Bloomberg
United, Continental Form Broad Marketing Alliance Wall Street Journal
MarketWatch - Forbes - Bizjournals.com - The Associated Press
all 166 news articles

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Ottawa Citizen
Bear Stearns execs indicted; emails at issue
MarketWatch - 52 minutes ago
By Riley McDermid, MarketWatch NEW YORK (MarketWatch) — The Justice Department unveiled indictments Thursday against two former hedge-fund managers for Bear Stearns Cos.
Ex-Bear Stearns Fund Managers Indicted for Fraud (Update1) Bloomberg
Behind the Scenes of Bear’s Fund Meltdown New York Times
FOXBusiness - CNNMoney.com - Reuters - Financial Times
all 782 news articles

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Hedge Funds in the Crosshairs
FOXBusiness - 1 hour ago
By Elizabeth MacDonald With record losses from the subprime and credit crisis veering towards the $400 bn mark, here come the market police.
Ex-Bear Stearns Fund Managers Arrested by FBI Agents (Correct) Bloomberg
2 surrender in subprime mortgage collapse case The Associated Press
Conde Nast Portfolio - KVIA - CNNMoney.com - MarketWatch
all 312 news articles

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