SAC Capital’s Cheniere stake, Washington’s uneasy dance with Wall Street, flash crash return threat and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, Dec. 30, 2011:
Happy New Year!
Around the web
Steven A. Cohen’s SAC Capital acquires 5.7% holding in LNG-operator Cheniere Energy. (Bloomberg)
Washington’s uneasy dance with Wall Street – 2011 in financial regulation. (Washington Post ’s Wonkblog)
Is Jon Corzine the worst CEO of 2011? (Fox Business)
Cumberland Advisers’ David Kotok on MF Global, chutzpah and the New York Fed, parts 1 and 2. (ZeroHedge)
David Kotok on MF Global and the New York Fed, part 3. (ZeroHedge)
9th Circuit Court of Appeals OKs immunity for telecoms in wiretap case. (Associated Press, via Physorg.com)
Does wealth equal power? (Marginal Revolution)
Commodities poised for first annual decline since 2008 on European crisis. (Bloomberg)
The burden of debt. (Greg Mankiw’s blog)
Global macro “Newcits’ expected to be best performers in 2012. (Hedgeweek)
Exchange mergers in limbo as $37 billion of takeovers fail. (Bloomberg)
Flash crash threatens to return with a vengeance. (Financial Times)
Commodities decline after strong start to year. (WSJ.com)
Legal eagles for the small guy. (HedgeFund.net)
ADV crackdown on, as SEC claims Calhoun Asset Management claimed $200 million in AUM when it actually had $3 million. (InvestmentNews)
Tribune Co. bankruptcy case on hold until May at the earliest. (Chicago Tribune)
Madoff son Andrew must face lawsuit. (New York Post)
