May 2006 in the United States
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May 2006
May 30, 2006 (Tuesday)
- The receiver for the on-site funds of the defunct Bayou hedge fund group formally filed for bankruptcy protection. (Business Week)
May 24, 2006 (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)
May 20, 2006 (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)
May 8, 2006 (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)
May 1, 2006 (Monday)
- A court in Florida sentenced Sami Al-Arian to four years and nine months in prison for aiding the Palestinian group Palestine Islamic Jihad, a "specially designated terrorist" organization.