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Ex-hedge fund fraudster works system for early prison release, but can't avoid $155 million bill

Canadian Philip Baker, sentenced to 20 years in U.S. federal prison, gets a transfer home and eventually gets out of prison.

Source: The New York Times

Nelson Peltz will bring 'fresh perspective' to P&G: CalSTRS

Naming hedge-fund billionaire Nelson Peltz to the Procter & Gamble board will be beneficial to shareholders, CalSTRS' Anne Sheehan said.

Source: CNBC.com

UPDATE 1-Goldman wins dismissal of lawsuit in U.S. over ties to Malaysia leader

NEW YORK, Nov 17- Goldman Sachs Group Inc has won the dismissal of a $510 million lawsuit in New York brought by a private equity firm that accused the Wall Street bank of shortchanging it in a merger to "curry favor" with Malaysia's prime minister. In a decision made public on Friday, Justice O. Peter Sherwood of a state court in Manhattan said the lawsuit by Primus...

Source: Reuters

Goldman wins dismissal of lawsuit in U.S. over Malaysia ties

Nov 17- Goldman Sachs Group Inc has won the dismissal of a $510 million lawsuit in New York by a private equity firm that accused the Wall Street bank of shortchanging it in a merger to curry favor with Malaysia's prime minister. In a decision made public on Friday, Justice O. Peter Sherwood of a state court in Manhattan said the lawsuit by Primus Pacific Partners LP "...

Source: Reuters

Neovasc Closes Offering of Units Consisting of Common Shares and Warrants and Concurrent Private Placement of Notes and Warrants

VANCOUVER, Nov. 17, 2017/ PRNewswire/- Neovasc Inc. is pleased to announce the closing of its previously announced underwritten offering of 6,609,588 Series A units and 19,066,780 Series B units of the Company, at a price of US $1.46 per Unit for gross proceeds of approximately US $37,487,497, before deducting the underwriting discounts and commissions and...

Source: PR Newswire

EXCLUSIVE-Germany's top banks step up efforts to offload toxic shipping debt

*German banks hold $100 bln in bad shipping loans- sources. LONDON/ FRANKFURT, Nov 17- Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system grapples with $100 billion in toxic debt from the sector. Two finance sources with knowledge of the matter said...

Source: Reuters

RPT-Soros, Cohen among big name investors betting on Argentine startups

BUENOS AIRES, Nov 16- The founder of mobile banking startup Uala, Pierpaolo Barbieri, says that just a few years ago big name investors would never have put their money in early stage companies like his in Argentina. Argentina is South America's new hotspot for venture capital, with the growth of investment inflows outpacing neighboring Chile and Brazil.

Source: Reuters

REFILE-UPDATE 2-Mistrial in NY corruption case against union chief, hedge fund exec

NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

Source: Reuters

UPDATE 2-Mistrial in NY corruption case against union chief, hedge fund exec

NEW YORK, Nov 16- A U.S. judge on Thursday ordered a mistrial in the corruption case against the former head of New York City's correction officers' union and a co-founder of the now-defunct hedge fund firm Platinum Partners, after jurors said they were deadlocked. Norman Seabrook, who once led the Correction Officers' Benevolent Association, and Murray Huberfeld,...

Source: Reuters

Soros, Cohen among big name investors betting on Argentine startups

BUENOS AIRES, Nov 16- The founder of mobile banking startup Uala, Pierpaolo Barbieri, says that just a few years ago big name investors would never have put their money in early stage companies like his in Argentina. Argentina is South America's new hotspot for venture capital, with the growth of investment inflows outpacing neighboring Chile and Brazil.

Source: Reuters