Tag Archives: capitalism
Boris Johnson is right: the EU’s hedge fund rules will destroy the City
Telegraph.co.uk – The City is staring into the abyss. If the proposed EU directive on hedge funds goes through, London will go the way of Bruges, Venice and Amsterdam: a once dominant financial entrepôt sidelined by more virile cities. This, […]
‘Hedge Fund Man’ for next president
Pottstown Mercury – I have seen the future of conservatism and … he is a hedge fund manager. I refer to hedge fund manager Clifford S. Asness, and I’m only halfway kidding. Or maybe I’m not kidding at all. The […]
Putting Finance Capitalism “Back in Its Box”
OpEdNews – So writes Philip Augar in an April 13 Financial Times (FT) op-ed. He’s a former UK investment banker/broker and author of The Death of Gentlemanly Capitalism, The Greed Merchants, and most recently Chasing Alpha: How Reckless Growth and […]
Journal of a Plague Year: Faith in Markets Cracks Under Losses
Bloomberg – It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion in market valuation wiped out. The biggest loss […]
