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Gold/Mining/Energy : Gold Price Monitor
GDXJ 94.04+0.6%Nov 21 4:00 PM EST

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To: lorne who wrote (47318)1/20/2000 12:12:00 PM
From: long-gone  Read Replies (1) of 116764
 
OT(more on same issue)
SEC, in Lawsuit, Alleges Fraud by Net Hedge Fund
NEW YORK (Reuters) - The Manhattan Investment Fund Ltd., a hedge fund operating out of New York that bet against high-flying Internet stocks, devised a ``massive fraud' to hide large losses from investors, the U.S. Securities & Exchange Commission alleged in a lawsuit filed Tuesday.

Michael Berger, a 29-year-old Austrian national, and his hedge fund ``knowingly, recklessly or negligently made numerous materially false and misleading statements(cont)
dailynews.yahoo.com
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