OGX Bankruptcy Caps Demise of Batista Fortune

Oct. 31 (Bloomberg) -- OGX Petroleo & Gas Participacoes SA, the oil company that transformed Eike Batista into Brazil’s richest man, filed for bankruptcy protection yesterday, culminating a 16-month decline that wiped out more than $30 billion of the Batista's personal fortune. Alexander Cuadros reports on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Hedge Fund-Replicating ETFs Hurt By Summer Selloff
29:56 - Hedge funds replicating ETFs are seeing returns lagging behind the S&P, while funds in distressed debt are seeing their worst year since 2008. Bloomberg's Joe Ciolli and Simone Foxman report on "Bloomberg Markets." (Source: Bloomberg)
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