What’s news around the hedge fund industry for Tuesday, July 3, 2012:

HedgeWorld’s offices will be closed on July 4 in honor of the Independence Day holiday.

Around the web

Financial journalism: ‘Sometimes being responsible means pissing people off’. (Janet Tavakoli)

LIBORious I: Investors may shun big LIBOR lawsuit and go it alone. (Reuters)

LIBORious II: Barclays reveals Bank of England LIBOR phone call details. (BBC)

Banks’ ‘living wills’ unveiled. (WSJ.com)

Macquarie Bank caught up in David Jones takeover saga. (Sydney Morning Herald)

N.J. judge rules Prem Watsa’s lawsuit against Morgan Keegan can proceed. (Memphis Commercial Appeal)

Wall Street is still giving to the President. (WSJ.com)

PIMCO pro Geoffrey Johnson’s picks in long-short fund. (Barron’s)

Ex-JPMorgan trader Andrew Feldstein’s BlueMountain Capital Management wins big betting against London Whale. (Bloomberg)

Lining up LIBOR alternatives. (WSJ.com)

Mobile devices worry compliance officers. (Smarsh, via HedgeFund.net)

Economists fail Republicans on Laffer Curve. (Crooks & Liars)

Mitt Romney’s offshore accounts, tax loopholes, and mysterious IRA. (Vanity Fair)

Farenheit 104 (40 degrees C). This is a number everyone should know. (Daily Kos)

People moves

Ex-Goldman partner David Chan named Dymon CEO as hedge fund grows. (Bloomberg)

This entry was posted on Tuesday, July 3rd, 2012 at 6:15 pm and is filed under News Roundup. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.