The Washington Post Company (WPO) has told conservative magazine Newsmax and Illinois hedge fund manager Thane Ritchie that it would not consider any bids they submitted for Newsweek, according to the New York Times. Audio equipment entrepreneur Sidney Harman and former New York Daily News publisher Fred Dasner are expected to submit bids for the magazine.

New York Post

Madoff futures market New York Post The investors, which include hedge funds, were offering pennies on the dollar for the claim — in the "low twenties." one hedge-fund trader said — in the … Merkin sued by receiver of two Madoff feeder fundsReuters Merkin sued by receiver of two Madoff feeder fundsFOXBusiness Banking on Bernie: Street Now Trading Claims Against MadoffFOXBusiness all 20 news articles »

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Telegraph.co.uk

The Robespierre of the Hedge Fund Revolutionaries Huffington Post (blog) A hedge fund manager's "investor letter" – really more of a staged, theatrical tantrum – has been getting a lot of attention lately. … Third Point's Loeb Says Obama Financial Policies Stymie Capital MarketsBloomberg Sorkin: Why Wall St. Is Deserting ObamaNew York Times (blog) Dan Loeb is Ticked Off at WashingtonHedge Fund Net truthout -Daily Reckoning – American Edition (blog) -Telegraph.co.uk all 31 news articles »

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Salon

When Hedge Fund Managers Talk, Andrew Ross Sorkin Transcribes, Uncritically Huffington Post (blog) According to Loeb, a hedge fund manager heavily invested in mortgage securities, it's because the SEC pursued fraud charges against Goldman Sachs. … Sorkin: Why Wall St. Is Deserting ObamaNew York Times (blog) Wall Street Hates ObamaBenzinga Obama's Fickle Friends On Wall Street24/7 Wall St. (blog) Firedoglake (blog) all 16 news articles »

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Steve Cohen, Billionaire Hedge Fund Manager, Reportedly Hosts GOP Strategy Session Huffington Post (blog) Hedge Fund manager Steve Cohen held a meeting at his home in Greenwich, Connecticut with Republican Party candidates to discuss strategy for the midterm … SAC's Cohen reportedly hosts GOP strategy sessionMarketWatch all 2 news articles »

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New York Post

Ackman's hedge fund put $40M into StuyTown joint venture New York Post (blog) Hedge fund honcho Bill Ackman said his firm chipped in $40 million as part of a bid to take over downtown apartment complex Stuyvesant Town-Peter Cooper … Ackman attackin' BP oilNew York Post all 15 news articles »

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Telegraph.co.uk

Billionaire Stanley Druckenmiller to shut down Duquesne hedge fund Washington Post Stanley Druckenmiller, one of the most successful hedge fund managers ever, has flirted with the idea of quitting several times in the … A hedge fund pioneer looks at 30CNNMoney Druckenmiller proceeds to orderly wind-down of fundFinancial Times Analysis: Hedge fund managers wonder if it's still worth itReuters (press release) MarketWatch -The Guardian -New York Times (blog) all 153 news articles »

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GLG 2Q Revenue Falls As Funds Post Losses Wall Street Journal GLG's hedge funds fell by an average of 1.4% in the three months, while its hedged equity strategies were down 3.9% and long-only funds were down 9.6%, … GLG Partners Widens LossTheStreet.com GLG Posts Bigger Loss in Q2Hedge Fund Net GLG Partners Posts Unexpected Quarterly Loss as Performance Fees DeclineBloomberg all 24 news articles »

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Shel: We'll hack $50M 'hedge' tax New York Post ALBANY — Insiders said a $50 million "hedge fund" tax was all but dead yesterday after Assembly … Hedge fund tax could be on the way out.New York Daily News (blog) Tax on hedge fund managers from out of state rejectedNewsday (subscription) all 3 news articles »

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IBTimes Hong Kong

Warren Buffett's likely successor: Chinese Tiananmen protestor, hedge fund manager Washington Post (blog) By 1997, he had set up his first hedge fund. Li got to know Buffett via one of his human-rights contacts — Jane Olsen, wife of a Berkshire director. … Buffett's Successor Likely To Be Chinese Hedge Fund Manager Li Lu (BRK.B)Benzinga Hedge Fund Manager Li Lu Tapped As Possible Buffett SuccessorFINalternatives From Tiananmen Square to Possible Buffett SuccessorWall Street Journal Investment Week -StreetInsider.com (subscription) (blog) -Forbes all 58 news articles »

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