News Briefs – Greek fund managers report 25% increase in net outflows in 2011, Carl Icahn and David Tepper are positioning themselves to clean up if LightSquared goes bust, Diamond Foods rises on Einhorn reports, Hedge fund movie ‘Arbitrage debuting at Su

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• Legal – New evidence gives boost to Gupta's trial defense, Gupta lawyers cite fourth Goldman insider under probe, Judge orders liquidation of Fletcher Asset Management hedge fund
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• Finance: David Tepper Of Appaloosa Management Accused Of Insider Trading. His Deposition Is Tomorrow. What Will Happen? (5/15/2012)
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  David Tepper’s Appaloosa fund is scheduled to be deposed on Tuesday. This will be the first time the fund (any SN, for that matter) will answer questions — under oath — about its trading...

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• Legal – Diamondback, Level Global employees plead not guilty in insider case, Goldman analyst Henry King probed for leaking inside information, Louisiana pension fund trustees file wind-up petition for Fletcher Asset Management hedge fund, Lawsuit demands
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• Worth Reading: David Tepper, Larry Fink, Gregor Macdonald, Chris Martenson
  

  Worth Reading: David Tepper, Larry Fink, Gregor Macdonald...

    David Tepper: "There Is No QE3 Coming Down The Pike" – Courtney Comstock – Clusterstock...

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