July 30, 2010
NY hedge fund swindler's girlfriend pleads guilty
The girlfriend of a former hedge fund manager convicted of swindling clients out of millions of dollars pleaded guilty Tuesday to helping him flee before he was supposed to start serving a 20-year prison sentence.
Limo driver-turned-hedge fund fraudster admits guilt
Aaron Elstein - A former limousine driver who engineered an extraordinary career change and became president of a hedge fund now faces up to five years in prison for cheating investors out of nearly $20 million. Alan Fishman, a 50-year-old Ukraine native who resides in Brooklyn’s Brighton Beach, last week pleaded guilty to conspiracy to commit securities fraud and is scheduled to be sentenced on
Deutsche Bank Joins the Hedge Fund Replication Party
Christopher Holt submits: Last week, Deutsche Bank joined the hedge fund replication party with its new "DB Absolute Return Beta Index". While it is still too early to gauge the success of the offering, the companys press release contains some hints about the way it will be spinning this latest entry in [ ]
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