Feds Can Add Loch Capital To The Body Count
Loch Capital for the hat-trick.
The Boston-based firm, one of four hedge funds raided last November by the FBI, which put on quite the show by telling employees to walk in with their hands in the air, has closed its doors. Loch, which has not been accused of any wrongdoing, apparently officially shuttered things in back in December, though this is the first time anyone's mentioned anything. [BW]