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P&G responds to Ackman’s pressure, TCI sues Indian government, David Shaw’s $75 million home and more

By Chris Clair

What’s news around the hedge fund industry for Thursday, Aug. 2, 2012:

Around the web

P&G CEO readies response to Ackman pressure. (Columbus Business First)

TCI files suit against Indian government. (Financial Times)

U.K. consults on winding down non-bank finance firms. (Reuters)

MF Global claims trade higher as customers seek 100% back. (Bloomberg)

Japanese swaps growth steady. (The Trade News)

Motey says he passed Doug Whitman Marvell sales figures. (Bloomberg)

David E. Shaw building $75 million home with Hudson River view. (New York Post)

Ex-Tiger Global Management director Amit Doshi starting new fund. (HedgeFund.net)

SLJ Macro Partners’ Stephen Jen, a euro bear, gives Draghi thumbs up. (WSJ’s MarketBeat blog)

Mason Capital requisitions Telus shareholder meeting. (Dow Jones Newswires, via WSJ.com)

Southern Europe is running out of money. (Daily Kos)

Don Barlett and James Steele on ‘The Betrayal of the American Dream. (Democracy Now, via Crooks & Liars). Hour-long video, with link to transcript.

Hartford reports $101 million loss on cost tied to Allianz deal. ()

People moves

Northern Trust hires former GlobeOp exec. Tony Glickman. (HedgeFund.net)

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