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Turning the tables on Jack Lew, Eric Rosen’s ‘whale’ of a trader, SAC’s withdrawal options and more

By Chris Clair

What’s news around the hedge fund industry for Thursday, Feb. 14, 2013:

Around the web


Senators turn the tables on Caymans investor Jack Lew
. (Washington Post)

Ex-UBS exec Eric Rosen taps ‘whale’ of a trader for fund. (Deal Journal)

SAC Capital offers investors new withdrawal options. (WSJ.com)

JPMorgan proprietary trading head Deepak Gulati readies Argentiere Capital fund. (Financial News, via Fox Business)

NYSE traders can now pay for Bieber-mania. (WSJ’s MarketBeat blog)

Distressed loan sales about to soar: PennyMac’s Stanford L. Kurland. (American Banker)

Jana Partners dumps Apple stake in Q4. (Benzinga)

LightSquared keeps control over Chapter 11 case but must work with lenders. (Dow Jones Newswires, via Nasdaq)

Activist investor Ralph Whitworth quietly building stake in equipment maker Ingersoll Rand. (New York Post)

NYSE adds social sentiment to SuperFeed. (Securities Technology Monitor)

Ex-analyst at SAC, Michael Steinberg, felt pressured for tips. (WSJ.com)

Pensions take sides in Apple-Einhorn dispute. (FINalternatives)

Ackman: Herbalife could be FTC’s Madoff. (FINalternatives)

BarclayHedge: Hedge funds up 2.84% in January. (FINalternatives)

N.Y. judge suggests insider trading cooperator Steven Fortuna warn students of dangers of Wall Street cheating. (Washington Post)

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