Tag Archives: decisions
Massachusetts Cuts Hedge Funds After Pension Loss
Bloomberg – Massachusetts will cut investments in hedge funds after its public pension plan lost a record 24 percent on all assets in the fiscal year ended June 30. The state pension plan’s board of trustees voted today to lower […]
It’s Thankless, but He Decides Madoff Claims
New York Times – The Ponzi scheme’s victims denounce him as cold-hearted, dishonest and just plain wrong No, they are not describing Bernard L. Madoff, the author of the fraud that has ruined their lives. They are criticizing Irving H. […]
ECB’s Stark raps move to boost IMF drawing rights
Reuters – European Central Bank Executive Board member Juergen Stark was quoted on Tuesday as criticizing decisions made at the G20 summit to boost the IMF’s Special Drawing Rights (SDRs). Stark suggested in a newspaper article that the decision was […]
