Finding the financial crisis culprits, austerity and recession, Icahn makes nice and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, April 25, 2012:
Around the web
Finding the culprits: Derivatives expert Janet Tavakoli takes a hard look at what—and who—caused the financial crisis. (Research Magazine)
Joseph Stiglitz interview: Austeriry, and a new recession? (The European Magazine)
Austerity drives Greece, Ireland, Portugal, Spain and now Britain into recession. Next?. (Daily Kos)
At House hearing, Schapiro says cost analyses are slowing SEC’s work. (DealBook)
Amylin and Icahn make nice, sending share price up. (DealBook)
Lloyd live: Blankfein takes to the airwaves. (DealBook)
CFTC again sides with Brian Hunter against FERC, cites ‘exclusive’ jurisdiction. (Platts)
Split central bank outlooks create new opportunities in FX. (Dow Jones Newswires, via CME Group)
Parkwood GP Inc. accused of unlicensed trading. (Toronto Globe and Mail)
Bebo founders, investors sue new owners. (San Francisco Business Times)
Citi providing services to Spartus Capital Management. (HedgeFund.net)
Level Global founder David Ganek is said to have been on insider trading call. (DealBook)
MF Global trustee Louis J. Freeh defends his inquiry. (DealBook)
Ex-partner may be key to Gupta’s fate. (WSJ.com)
Two advisory firms favor share consolidation: Telus. (Toronto Globe and Mail)
Credit Suisse profit falls 96% in first quarter. (DealBook)
That brawl? Elite NYAC wants nothing said. (NYT’s City Room blog)
Money, power and Wall Street. (PBS’ Frontline)
What was the very first hedge fund? Ask Warren Buffett. (Bloomberg)
Irish Funds Industry Association expands presence in Asia. (HFMWeek)
Goldman Sachs in discussions over admin unit sale. (HFMWeek)
E.U.’s financial transaction tax passes first vote. (HFMWeek)
Hedge fund manager RK Capital planning new product in metals. (Bloomberg)
$1.6 billion in missing MF Global funds traced. (CNN Money)
OTC derivatives reforms trouble European hedge funds. (The Trade)
Hedge fund vets Eli Combs, Matt Meehan and Jim Plohg form new global credit firm, MeehanCombs. (HedgeFund.net)
Leon Cooperman gives Columbia Business School $25 million for Manhattanville campus. (Columbia University)
People moves
Polar Capital appoints Michael Hufton as investment manager. (HFMWeek)
Morgan Stanley credit analyst Hidetoshi Ohashi said to leave to start Singapore hedge fund. (Bloomberg)
