collusion

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Feds Investigate Whether Hedge Funds Sank Euro

'Idea meeting' may constitute collusion

(Newser) - The Justice Department has begun an investigation into a group of hedge funds that may have colluded to short-sell the euro, driving down its value and driving up their profits. Justice sent a letter to SAC, Greenlight, and Soros—among others—the same day the Wall Street Journal reported that... More »

Newspapers of the World, Unite: Carr

Collusion could avert disaster—but it won't happen

(Newser) - The newspaper industry is in dire straits, and to fix it, its bosses must “hold hands and jump off the following cliffs together,” writes David Carr in the New York Times. First, end free web access; it will  drive away some readers, but they're not paying for quality... More »

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