Page 30 


Goldman said cautioned

Goldman Sachs Blink

Federal Reserve bank supervisors cautioned Goldman Sachs over risks in a debt deal it arranged to fund the $4bn buyout of Ultimate Fighting Championship, according to people with knowledge of the matter.

A new fund where you’ll pay no performance fee

Hedge Fund

A new fund spun out from hedge fund manager Odey Asset Management will only charge investors a 1 percent management fee and zero performance fees, levels sharply lower than traditional industry standards.

Corzine said set to settle MF Global claims


Jon Corzine is close to reaching a tentative agreement to resolve a U.S. regulator’s allegations that he failed to properly oversee MF Global Holdings, as the brokerage unit spiraled toward failure almost five years ago, according to a person with knowledge of the matter.


Sec Building

Ex-Morgan Stanley trader fined and suspended

Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and suspended from the industry for a year for misleading customers about the value of the securities they were buying, causing them to pay more.