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Tuesday, February 8, 2011

Hedge Fund Criminal Charges Coming

Are people being targeted unfairly by ambitious government prosecutors, or are there too many arrogant people in finance who think they can get away with virtually anything, who think they can lie to investigators?

A noon press conference is scheduled by Manhattan U.S. Attorney Preet Bharara to announce charges against three hedge fund managers and two hedge fund analysts.

Sounds like running a hedge fund is becoming a risky proposition. Or is it an industry niche attracting the wrong types?

Eric Dixon is a New York lawyer and strategic analyst.  He is available for further comment or consultation at edixon@NYBusinessCounsel.com and 917-696-2442.

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