May 2006 in the United States

2006-05-30 (Tuesday)

  • The receiver for the on-site funds of the defunct Bayou hedge fund group formally filed for bankruptcy protection. (Business Week)

2006-05-24 (Wednesday)

  • Machinery operated by the Federal Bureau of Investigation has begun ripping apart a barn on the horse farm in Milford Township, as part of the search for remains of Jimmy Hoffa. (AP)

2006-05-20 (Saturday)

  • Agents of the Federal Bureau of Investigation search a horse farm in Milford Township, Michigan for remains of the late Teamsters leader Jimmy Hoffa. (AP)

2006-05-08 (Monday)

  • The receiver for a bankrupt hedge fund manager, Philadelphia Alternative Asset Management, filed a lawsuit against Man Financial, part of the Man Group headquartered in London, for brokeraging PAAM's accounts in a way that enabled the defrauding of the investors. (Phil. Inquirer)

2006-05-01 (Monday)

  • A court in Florida sentenced Sami Al-Arian to four years and nine months in prison for aiding the Palestinian group Islamic Jihad.