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Level Global Investors

Hedge Fund Shut Down After Federal Raid

Posted 05.25.2011 | Business

NEW YORK (By Emily Chasan) - Level Global Investors, one of four hedge funds raided by U.S. authorities last November in a broad investigation into i...

Insider Trading Probe Offers New Chance to Curb Hedge Fund Power

David Callahan | Posted 05.25.2011 | Business
David Callahan

It is never good to hear that large financial players may have broken the law, and the huge insider trading investigation unfolding on Wall Street is deeply troubling. But the upside to the probe is that it offers a chance to curb the outsized power of hedge funds.