November 22, 2008
Fortress Hedge-Fund Investors Ask to Pull 25% of Cash
Nov. 13 (Bloomberg) -- Fortress Investment Group LLC 's hedge-fund clients have asked to pull more than $4.5 billion, or 25 percent of their money, over the next few months as the company reported its first quarterly loss since going public.
Hedge Fund Lobby President Criticizes SEC Short Sale Rule
WASHINGTON -(Dow Jones)- The head of the largest U.S. hedge fund lobby group criticized a pending emergency order to require hedge funds and other large investors to publicly disclose their short positions in stocks each day.
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