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Blue Wolf Exec to Head U.S. Pension AgencyJoshua Gotbaum, an operating partner at private equity firm Blue Wolf Capital, is expected to be named director of the Pension Benefit Guaranty Corporation, the White House said Monday. ... |
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SAC Finds No Suspicious Trading, Report SaysSAC Capital Advisors, run by Steven A. Cohen, has reviewed trading documents cited in the Galleon Group insider-trading case, but the hedge fund has found nothing suspicious, Bloomberg News reported, citing one of SAC's investors. ... |
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Talbots Said to Tap Perella to Advise on DebtTalbots, the women's clothing chain, has hired Perella Weinberg Partners to help it refinance about $225 million in debt, Bloomberg News reported. ... |
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Lloyds to Cut Another 5,000 Jobs by 2011Bailed-out British lender Lloyds Banking Group is to cut a further 5,000 jobs by the end of 2010 as it continues to overhaul its operations and integrate HBOS. ... |
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Hedge Funds to Top $2 Trillion in 2010?The hedge fund industry may streak past its $2 trillion record high by the end of next year, as improved returns have lured investors back, Barry Bausano, Deutsche Bank's global co-head of prime finance, told Bloomberg News. ... |
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Cuban Says Fans Ask Him to Buy DodgersMark Cuban, owner of the Dallas Mavericks basketball team, told The Los Angeles Times that he would consider buying the Los Angeles Dodgers, if the terms were right. ... |
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