| Delphi sues its would-be investors - Detroit Free Press May 17, 2008 07:17:00Delphi Corp. has sued the Appaloosa Management LP hedge fund and several other investors for backing out of a $2.55-billion stock deal, which has delayed the companys bankruptcy exit. The Troy auto supplier is asking a bankruptcy judge to require ... - [Read more] |
| Ex-Fidelity manager Clapp sets up new hedge firm - Reuters May 16, 2008 11:07:00LONDON, May 16 (Reuters) - Former Fidelity International fund manager Graham Clapp has resurfaced at start-up hedge fund Pensato Capital, according to a regulatory filing seen by Reuters. Clapp, who worked for Fidelity for 22 years and managed the 11 ... - [Read more] |
| HEDGE FUND HIP-HOPPING - New York Post May 16, 2008 09:05:00Irate over what he feels is a lack of support from his label, TVT Records, the top-10 rapper has been snarling for months at both the label and its owner, Steve Gottlieb, and has even gone on the radio to urge listeners not to buy his 2007 release ... - [Read more] |
| Lampert holds 1.3% stake in Sallie Mae - Chicago Tribune May 16, 2008 06:56:00Billionaire Edward Lampert reported that his hedge fund held a 1.3 percent stake in SLM Corp. , the largest U.S. provider of student loans, at the end of the first quarter. ESL Investments Inc., based in Greenwich , Conn., owned 6.02 million shares ... - [Read more] |
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