-KromtrT17-- VVOM is sate ODWRODYS!" Sala 5,000 on Friday Mr. Demby, walking toward on Mobil Corp. boardwalk the in Atlantic City, NJ., "You buy when as sea gulls cooed overhead. OUT to 011111el OT TOITIOOOMOS said. their homes anytime soon," he —Jonathan Cheng contributed to this article. IAL BRIEFING BOOK: AUG. 5 • - eye Baseball - player Doug DeCinces, shown here in Imore Orioles, was charged by the SEC with F $2.5 million insider to settle the charges. Al player Doug t others with Id of a buyout odes I pay $2.5 t charges, 'SEC's * US District V District of tes and his re than $17 ks when announced plans Optics to acquire Advanced Medical Inc. Mr. DeCinces allegedly received confidential information about acquisition the from an employee at Advanced Medical and purchased at least 83,700 shares in several brokerage accounts, When merger the was publicly announced Jan on 12. 2009, Mc. DeCinces of sold all his shares for $1.2 million in profit. The complaint also alleges Mr. Winces tipped three associates who traded on the confidential information. They also have agreed to settle the charges, Mr. DeCinces, a onetime altstar who Played for the Baltimore Orioles and the California Angels. wasn't immediately avaiable for comment. Nathatie Tadena • HEDGE FENDS Fortress Loss Widens Fortress Investment Group Lies second-quarter loss widened on a douNedigit decline in revenue, in what and hedge the Private-Kolb/ -fund manager admitted were disappointing results -Our earnings today were just off expectations, what but further off we expect from ourseNes: Chief Executive Daniel Mudd said Fortress posted a second- quarter loss of 5945 million compared with a year-earlier of loss $924 maim On a per-share basis. the loss fell to 56 cents from 57 cents as average number of shares outstanding increased. Distributable earnings, which exclude certain expenses and the effects of unrealized gains and losses on illiquid investments, fell to 9 cents from 14 cents. Fortress Macho Fund Ltd Posted a 5.4% net decline in the second quarter. while Drawbridge Global Macro Fund Ltd. and Fortress Commodities Fund LP. recorded losses of 6% and 6.4% respectively. The funds were down between 41% and 5.7% this year through July. But Its Asian fund held up with a 3% gain In the first seven months. r Amy Or d PI at fa gr ton agr lint spe day $2.: It six the Al1 dro late non yieL Mac gag( M low have the ti weak the sr quart than origin "In this 11 month nomic 2009, Freddi The and fie loans ( mortgar On I Nothaft cations ket is fi The EFTA01118546
