What’s news around the hedge fund industry for Thursday, Dec. 20, 2012:

Around the web (pre-Mayan apocalypse edition)

Shadow banking or ghosts in the machine? (The Statesman)

UBS minimizes impact of guilty plea. (DealBook)

Hedge fund lobby criticizes final E.U. rules. (FINalternatives)

Andor Capital Management founder Daniel Benton buys $39 million Manhattan apartment. (FINalternatives)

Newtown, guns and Wall Street: Is it just about the money?. (WSJ.com)

Some investors make a point about guns. (Pittsburgh Post-Gazette)

Two former Porsche executives charged with market manipulation in failed VW deal. (NYTimes.com)

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