Costly cab ride, Schonfeld nabs traders, tension at SAC Capital, Aladdin fined, Sants’ Barclays package and more
By Chris ClairWhat’s news around the hedge fund industry for Wednesday, Dec. 19, 2012:
Around the web
Steven Schonfeld trailing traders from shuttered funds. (New York Post)
What we know about trading at SAC Capital. (Bloomberg Businessweek)
Dan Loeb’s Third Point makes $500 million profit from Greek bonds. (The Telegraph)
Aladdin Capital Management fined over CDO program claims. (FINalternatives)
Madoff brother Peter a ‘victim,’ lawyer says as sentencing looms. (FINalternatives)
New York City pensions seek up to 15 hedge funds. (FINalternatives)
Hector Sants secures £3 million package at Barclays. (Financial Times)
Wells Fargo seeks growth in hedge funds, other Wall Street services. (Charlotte Business Journal)
Gramercy Funds Management in middle of Argentine debt battle. (NYTimes.com)
Deal making: An American-made business model has less success overseas. (DealBook)
S&P raises Greek credit rating to B- from ’selective default’. (Associated Press, via NYTimes.com)
Brummer & Partners awards mandate to Citigroup. (eVestment, formerly HedgeFund.net)

