July 30, 2010
33 hedge fund staff share £30m payout
The 33 top staff at Londonbased hedge fund NewSmith Capital Partners shared a payout of nearly £30m last year while most of the sector suffered its worst losses for a decade.
California hedge fund manager arrested
The U.S. attorney's office in Los Angeles says Beverly Hills hedge fund manager Bradley Ruderman has been taken into custody on allegations he bilked investors out of more than $44 million.
Amaranth, Two Traders Could Pay $291 Million Federal regulators on Thursday said failed hedge fund Amaranth Advisors LLC and two traders face $291 million in penalties for alleged manipulation of natural gas markets.
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