Looking ahead: major news coming up this week

1. Dennis Hastert, former House Speaker will be arraigned in the U.S. District Court for the Northern District of Illinois on Tuesday morning. Hastert was charged with withdrawing hundreds of thousands of dollars of cash in small increments to avoid federal reporting requirements. Hastert allegedly used the funds to try to cover up prior...
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Hedge fund uses patent challenge to help investments

Kyle Bass, head of Hayman Capital Management LP is utilizing a newly created patent petition process to seek to invalidate various pharmaceutical patents, ostensibly to make pharmaceuticals less costly. However, according to the Wall Street Journal (April 8, 2015 B1), Mr. Bass's fund bets against companies it believes are spurious and invests in those...
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