CEO William McGuire to leave UnitedHealth. He will also reprice the options that he received from the low price of the year to the high of the year, forcing him to return hundreds of millions in paper profits. Whether this will allow him to repurchase his honor and avoid jail time is not yet answered.
Hedge funds might resort to insider trading. Many hedge funds are privy to insider information if they are lenders or are on creditor committees. They are responsible for maintaining Chinese walls in house. Many do not have trained compliance and disregard this rule and other rules as well.
Single country hedge funds are increasing in Asia. There were 225 in Japan at the end of 2005.
Recent economic numbers reduce the chances of an interest rate decrease in early 2007.
A good article by Muhammad Yunus, the recent recipient of the Noble Peace Prize.
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