What’s news around the hedge fund industry for Wednesday, Jan. 23, 2013:

Around the web

Financial crisis suit suggests bad behavior at Morgan Stanley. (ProPublica, via DealBook)

The untouchables: PBS’ Frontline investigates why Wall Street’s leaders have escaped prosecution for any fraud related to the sale of bad mortgages. (PBS)

Reuters’ Davos coverage. (Reuters)

Deutsche Bank agrees to settle energy trading inquiry. (DealBook)

U.S. bond stars bet big on equities revival. (Reuters)

Turns out Einhorn was shorting Herbalife after all. (WSJ’s MarketBeat blog)

How a Cayman hedge fund became a big shareholder in Yadkin Valley Financial. (Triad Business Journal Biz Blog)

Doug Whitman, prosecutors spar over sentencing. (WSJ’s Law Blog)

Cantab Capital Partners launches new fund. (FINalternatives)

Herakles Capital Management unveils trend-following hedge fund. (FINalternatives)

Hedge funds up 1.45% in early January. (FINalternatives)

Apollo Global Management, Metropolous & Co. to bid on Hostess Cakes. (FINalternatives)

Allen Stanford’s CFO James Davis gets five years. (FINalternatives)

Hedge fund redemptions slow in January. (FINalternatives)

People moves

Galena Asset Management energy hedge fund chief Claude Lixi said to leave company. (Bloomberg)

This entry was posted on Wednesday, January 23rd, 2013 at 6:46 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.