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July 30, 2010



Goldman invests in own slumping hedge fund

NEW YORK -- Goldman Sachs Group said yesterday it is leading a group of investors, including Mau rice "Hank" Greenberg and Eli Broad, in injecting $3 billion into a Goldman hedge fund that lost about 28 percent of its value last week.

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Richard Grubman: Hedge Fund Manager Allegedly Threw Keys In Hotel Valet's Face, Banned From Boston's Ritz

A Cambridge hedge-fund honcho won't be putting on the ritz anytime soon after a judge ordered him away from the Ritz-Carlton Hotel and Towers on Boston Common yesterday for allegedly hurling his BMW keys into a valet's face.

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SEC Settles With Hedge Fund Adviser

Former hedge-fund manager Imperium Advisors LLC has agreed to pay almost $120,000 to settle charges that it violated securities rules when it used shares it had bought in three public offerings to cover short sales placed just days earlier.

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