Hedge fund firm losing pulling power (Reuters) Celebrity financier Arpad Busson has been mulling a sale of EIM, the hedge fund investor he founded in......(read more)

Rajaratnam Ordered to Pay $92.8 Million Penalty (NYT) A federal judge on Tuesday ordered the convicted hedge fund titan Raj Rajaratnam to pay a $92.8......(read more)

Bo K. Brownstein, the head of Big 5 Asset Management, is expected to plead guilty on insider trading charges today. Brownstein will enter his plea today......(read more)

H. Clayton Peterson, a former director at Mariner Energy (ME), was sentenced on Tuesday to two years probation and three months house arrest after pleading......(read more)