Barclays walks away from Endeavour rescue (Fund News)
Endeavour, the $3bn London hedge fund that lost a quarter of its value in a single day last year, is in the final stages of shutting its flagship fund after Barclays walked away from a planned rescue.
Marc Dreier, the New York law firm founder accused of cheating hedge funds and other investors of more than $400m, was indicted by a federal grand jury.