What’s news around the hedge fund industry for Friday, Aug. 10, 2012:

Around the web

Chesapeake Energy in U.S. antitrust investigation. (Reuters)

Doug Whitman’s ex-intern tells jurors they traded inside tips. (Bloomberg)

FBI informant Roomy Khan cries on stand while admitting lies. (Bloomberg)

SEC asked Herbalife same questions Einhorn raised. (DealBook)

Clinton Group’s George Hall plans to nominate women with retail and fashion experience to replace board of struggling teen girl clothing retailer Wet Seal. (New York Post)

Cayman Islands scraps expat tax plan. (The Telegraph)

Decision not to prosecute Goldman Sachs shows weakness: Sen. Carl Levin. (Reuters)

Citi sells 500 troubles mortgages to return-hungry hedge funds. (Forbes)

What’s Fed to do as 15 of 18 banks fixing LIBOR aren’t American> (Bloomberg)

Knight Capital rides to rescue of law planned to regulate high-frequency trading. (WSJ’s Real Time Brussels blog)

State Street urges futures client account change after MF Global. (Bloomberg Businessweek)

Banks face derivatives margin losses as too-big-to-fail ends. (Bloomberg)

Comment: Anatomy of a hedge fund nightmare. (Financial Times)

Carlyle Group buys TCW. (Fortune)

Hedge funds disappointing to investors in 2012. (Preqin – PDF)

John Paulson’s ex-partner Robert Lacoursiere: Opportunities aren’t in U.S. or Europe. (WSJ.com)

Fidelity introduces hedge fund-friendly tool. (HedgeFund.net)

This entry was posted on Friday, August 10th, 2012 at 6:09 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.