Kerviel sues SG, outsize Lehman pay prior to collapse, the Greek bull and more
By Chris ClairWhat’s news around the hedge fund industry for Friday, April 27, 2012:
Around the web
Former Société Générale trader Jérôme Kerviel to sue bank over evidence tampering. (The Telegraph)
Sell-off at The Hartford begins as Houston firm takes piece of annuities. (Hartford Courant)
New bankruptcy documents reveal outsize pay at Lehman Brothers before collapse (DealBook)
There is at least one Greek bull out there: Greylock Captial’s Diego Ferro. (Dow Jones Newswires, via CME Group)
Fortescue’s Andrew Forrest ‘won’t shy from fight’ with critics, including Jim Chanos. (Sydney Morning Herald)
Barclays’ board is heckled over pay. (DealBook)
A consensus begins to emerge on derivatives in bankruptcy. (DealBook)
CP demands William Ackman retract ‘outrageous’ comments. (Toronto Globe and Mail)
Hedge funds ’significantly’ outperformed traditional assets over last 17 years. (IPE.com)
Man Group’s strategy under microscope. (Financial Times)
People moves
JPMorgan beefs up prime brokerage team by hiring Michael Fitzgerald from Morgan Stanley. (WSJ.com)
