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...wealth, including university endowments and public pension funds, have put their money in so-called funds of hedge funds, which spread risk by investing in a portfolio of hedge funds and hence are considered safer. But since hedge funds are doing badly, so are funds of hedge funds, which appear to be headed for their worst year ever. On Nov. 6, shares in London-based Man Group, the world's largest publicly traded fund manager, fell 31% on news that its Man Global Strategies fund of funds had lost more than 20% of its value so far this year...
Billy Ray Cyrus lobbies for Obama girls to appear on Hannah Montana...
...usually do play on a stage, but I often invite the audience onto it, so it can appear as if there isn?...
Take for example the case of Khalid Sheikh Mohammed, the most senior al-Qaeda operative in U.S. custody. At present, his case and many other prominent ones appear essentially stalled at the specially formed military commissions, which the Obama campaign has pledged to halt. But prosecuting Mohammed and other cases like his in federal court may prove tricky. At least some of the evidence against Mohammed looks to have been gathered during harsh interrogations, which may make it inadmissible in court. His arrest and detention had none of the necessary steps provided under U.S. civilian law that help safeguard...
...sudden uptick in tension comes at a moment when Syria had begun to appear as one of the bright spots in a troubled region. U.S. officials had acknowledged that Syria had begun to stem the flow of insurgents into Iraq, while last spring, Damascus revealed that it had been holding indirect peace talks with Israel. President Assad, moreover, had said peace in the Middle East was possible within two years, if only the U.S. would sponsor direct talks, and hopes were high that the incoming Obama Administration would do just that...