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Liikanen recommends the separation of market-making, along with proprietary trading (on the bank's own account), from the insured banking entity, into an independently capitalised and funded firm.
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He now oversees a mutual fund firm.
There are bright spots at the hedge fund firm.
So Steven Cohen, who runs the hedge fund firm S.A.C.
Fidelity, America's largest mutual-fund firm, with about $1 trillion under management, lacks an SRI fund.
The tip, prosecutors claimed, saved an unnamed hedge fund firm $30 million in losses.
MONEY BACK Brevan Howard, the large European hedge fund firm, is returning $2 billion to investors.
Many, such as Fidelity, the world's largest retail-fund firm, rule them out on principle.
Work for a private-equity or hedge-fund firm, using borrowed money to enhance returns.
Some will follow Baltimore-based Legg Mason and buy themselves a hedge-fund firm.
In the late 1990s, he worked at Zweig-DiMenna, a pioneering hedge fund firm run by Martin Zweig and Joseph DiMenna.
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