Friday, 28 November 2014
Last updated 1 day ago
Jan 30 2009 | 4:05am ET
Not for the first time, Debra Ryan has pleaded not guilty to trying to lend her hedge fund fraudster boyfriend a hand.
Ryan was arraigned yesterday on charges she tried to sneak $300 in cash to Samuel Israel, the Bayou Group founder convicted of defrauding investors of more than $400 million. Ryan, who is already facing federal charges of assisting Israel in his three-week flight from justice this summer, allegedly mailed her paramour three $100 bills hidden in the pages of a magazine while he was being held at the Westchester County, N.Y., jail.
Israel is now at a federal medical prison facility undergoing a psychological evaluation. Ironically, it is the same prison to which he was supposed to report in June when, allegedly with Ryan’s help, he fled in a recreational vehicle after faking a suicide. Ryan, who reportedly confessed to helping Israel jump bail, is in plea bargain talks with federal prosecutors on that case after an initial not guilty plea.
Ryan is out on $75,000 bail on the federal charges.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
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