MoneyGuy
July 28th, 2008, 05:19 AM
LONDON (MarketWatch) -- The Securities and Exchange Commission is focusing on four rumors about Lehman Brothers as part of a probe into potential market manipulation. In subpoenas sent to dozens of hedge funds and others, the SEC is asking for transcripts of calls, messages and payroll documents that mention the Federal Reserve's lending facility, Barclays , hedge fund SAC Capital Advisors and bond-fund house Pacific Investment Management Co., or Pimco, the newspaper reported, citing people familiar with the matter. The SEC is attempting to trace the allegedly false rumors to the original source, the report added.
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Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
http://feeds.marketwatch.com/~a/marketwatch/marketpulse?i=81jVag (http://feeds.marketwatch.com/~a/marketwatch/marketpulse?a=81jVag)
http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=QhneBJ (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=QhneBJ) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=RmxV0j (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=RmxV0j) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=khOj4j (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=khOj4j) http://feeds.marketwatch.com/~f/marketwatch/marketpulse?i=DhDtXJ (http://feeds.marketwatch.com/~f/marketwatch/marketpulse?a=DhDtXJ)
http://feeds.marketwatch.com/~r/marketwatch/marketpulse/~4/348186875
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