Topic: Bayou Group LLC
When U.S. District Judge Jed Rakoff tossed Goldman Sachs' (GS) attempt to vacate a huge arbitration award against it stemming from the Bayou Group...
Judge Jed Rakoff, who has emerged in the wake of the financial crisis as one of Wall Street's toughest critics, aimed his poison pen at Goldman...
US investment giant Goldman Sachs has been ordered to pay 20.6 million dollars to the creditors of the collapsed hedge fund Bayou Group for ignoring signs of fraud, according to the arbitration panel's decision revealed Saturday.The financial regulator FINRA ...
Investors are unlikely to get back much of the money they invested with Bernard Madoff, and those who took out money in recent years may have to give it back. If the money were stolen from a brokerage, as much as $500 ...
A fugitive American hedge fund manager who faked his own suicide has surrendered to police after spending three weeks on the run to avoid a 20-year prison sentence for cheating investors out of $450m.Samuel Israel walked into a local jail this ...
Fugitive former hedge fund manager Samuel Israel III surrendered to police in Massachusetts on Wednesday, ending a federal manhunt after he faked his own death to avoid a 20-year prison sentence. Ten days after he disappeared, authorities arrested Israel's girlfriend on ...
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