Thursday, January 12, 2012

Hedge funds scammed by Madoff won't get payments

Customers of hedge funds ? or so-called 'feeder funds' ? that invested with Madoff don't qualify for a settlement fund, a federal judge affirms. Thousands of clients of 16 hedge funds hoped to collect from the $500,000 fund.

A federal judge has affirmed a bankruptcy court ruling that thousands of clients of?funds that invested money with jailed financier Bernard Madoff do not qualify for payouts that reimburse Madoff customers.

Skip to next paragraph

The decision made public Thursday by Judge Denise Cote (koht) agreed with a judge's finding last year. It said the clients don't qualify because they did not hold accounts in their names.

It means investors still cannot recover up to $500,000 from a?fund?created to reimburse small investors who are victims of fraudulent schemes.

The ruling came in a case brought on behalf of 16 feeder or?hedge?funds?that invested with Madoff.

Lawyers for the?funds?did not immediately return messages seeking comment.

Madoff is serving a 150-year prison sentence for masterminding the multibillion-dollar Ponzi scheme.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/lvQhy8Oa6hw/Hedge-funds-scammed-by-Madoff-won-t-get-payments

oklahoma state aretha franklin santonio holmes raheem morris winter classic mt rainier norco

Wednesday, January 11, 2012

Real Winner of BCS -- President Obama (ContributorNetwork)

COMMENTARY | It was billed by Politico as Mitt Romney's "weekend from hell." Saturday night's Republican debate in New Hampshire was going to be the place where the non-Mitt Romneys (or "Nomneys" as they have come to be known) would turn their collective fire upon the Republican front-runner.

But as happens with many Super Bowls, this anticipated great clash fizzled out rather quickly. For reasons commentators are still mulling over, the Nomneys decided to cannibalize each other and let the Republican anointed one slide through the evening with hardly a scratch. However, the real winner of the night was not on the stage.

As the debate drew to a close, the candidates were asked what they would be doing if they were not in Manchester on Saturday night. Before dismissing the ensuing interchange as trivial, keep in mind we Americans like to get a sense of the character of the individual we are electing to the highest office in the land. For this purpose, an unscripted answer to an off-topic and seemingly silly question about personal interests is much more useful than the reply to an inquiry about some burning economic or social issue.

Moreover, such moments have the most impact when they confirm an already existing impression about a candidate. When Sarah Palin was unable to supply Katie Couric with the name of a single newspaper or magazine she read, it helped to set in stone the image of the candidate as too hopelessly uninformed about the world to be a heartbeat away from the presidency.

And we may have witnessed another such incident when Newt Gingrich, Rick Santorum and Romney replied that if they were not debating they would be home watching the BCS championship. The only problem, of course, was that the BCS championship was not being played until Monday night.

Why is this important? Americans generally elect the candidate they find most likable. The most recent incarnation of the likability criterion is the beer drinking test. As Jonah Goldberg noted in National Review, the outcome of 2004 election could have been reasonably predicted by the fact that 57 percent of those asked would have preferred having a beer with George W. Bush than with John Kerry.

Although by the standards of the beer drinking test these three failed miserably since most guys are going to want to drink and talk sports, the failure is most telling against Romney. It confirms a characteristic that is already believed about the former Massachusetts governor: That he is out of touch with the common man, who not only made up the majority of Monday night's BCS audience but who probably knew on Saturday night the actual date of the event.

Against a lesser sports aficionado, this fault might not be as costly. But with a Democratic opponent who publicizes his NCAA bracket, Romney might be better served by memorizing sports statistics than the words to "American the Beautiful."

Source: http://us.rd.yahoo.com/dailynews/rss/politicsopinion/*http%3A//news.yahoo.com/s/ac/20120111/cm_ac/10816613_real_winner_of_bcs__president_obama

childish gambino camp drake take care tracklist drake take care tracklist dr murray trial take care drake cain accuser aesop rock

Monday, January 9, 2012

visitbatonrouge: RT @runbimma: Baton Rouge Mayor Kip Holden, is the Honey Badger's biggest fan? You decide. #GoBR #BeatBama http://t.co/9fgPTa1Q

  • Passer la navigation
  • Twitter sur votre mobile ? Cliquez ici m.twitter.com!
  • Passer cette ?tape
  • Connexion
Loader Twitter.com
  • Connexion
RT @runbimma: Baton Rouge Mayor Kip Holden, is the Honey Badger's biggest fan? You decide. #GoBR #BeatBama twitter.com/RunBimma/statu? visitbatonrouge

Baton Rouge CVB

Pied de page

Source: http://twitter.com/visitbatonrouge/statuses/156473464121864193

lavar arrington hope solo dancing with the stars hope solo dancing with the stars jack wagner matt jones snow white and the huntsman trailer snow white and the huntsman trailer

Dear Grey Lady? A Request? (Balloon Juice)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/184264627?client_source=feed&format=rss

houston texans arian foster calvin johnson calvin johnson patsy cline pierre thomas beyonce gives birth

androidcentral: Netflix finally goes live in the UK, download the Android app now http://t.co/onvQBcw2 #android

  • Passer la navigation
  • Twitter sur votre mobile ? Cliquez ici m.twitter.com!
  • Passer cette ?tape
  • Connexion
Loader Twitter.com
  • Connexion
Netflix finally goes live in the UK, download the Android app now bit.ly/y1h6yQ #android androidcentral

Android Central

Pied de page

Source: http://twitter.com/androidcentral/statuses/156221759861960705

dexter baltimore ravens facebook timeline kim jong il kim jong il vaclav havel vaclav havel

matthew_ryan: This crazy 2009 footage from RC plane flying by a tornado should give drone journos some ideas. http://t.co/TmocUoLL

Twitter / Matthew Schroyer: This crazy 2009 footage fr ... Loader This crazy 2009 footage from RC plane flying by a tornado should give drone journos some ideas.

Source: http://twitter.com/matthew_ryan/statuses/155787804780134400

heritage foundation dancing with the stars results 2011 ali fedotowsky ali fedotowsky krill oil krill oil black friday 2011

Saturday, January 7, 2012

nextbigfuture: Interviews of technocrat Mayor of Chongqing gives insight into how China is managing real estate: Wall Street Jo... http://t.co/TYJgFGpY

  • Passer la navigation
  • Twitter sur votre mobile ? Cliquez ici m.twitter.com!
  • Passer cette ?tape
  • Connexion
Loader Twitter.com
  • Connexion
Interviews of technocrat Mayor of Chongqing gives insight into how China is managing real estate: Wall Street Jo... bit.ly/z30uc8 nextbigfuture

Pied de page

Source: http://twitter.com/nextbigfuture/statuses/155096700531392512

what time is it lsu vs alabama cain gingrich debate andy rooney dies andy rooney dies bank transfer day daylight savings 2011