Tag Archives: dialogue
Global hedge funds back U.S. oversight of advisers
Reuters – A global hedge fund industry group backs U.S. plans to require hedge fund advisers to register with federal regulators, a move that would align U.S. rules with those in the UK. The Alternative Investment Management Association, in remarks […]
Madoff tries to stay out of jail as probe widens
Sify – Bernard Madoff, the long time Wall Street executive accused of cheating investors worldwide out of $50 billion, scrambled to find relatives or friends to guarantee his bond on Tuesday and keep him of jail. Bernard L. Madoff and […]
Even hedge funds with gains face redemptions
Reuters – Even hedge-fund managers with portfolio gains are in trouble this year. Dozens of managers who are outperforming the market and their troubled rivals with gains of as little as a few percent or as much as nearly 100 […]
US hedge funds anxious as redemption deadline looms
Reuters – Anxiety is sweeping the hedge fund industry before a crucial deadline on Saturday, when investors angered by recent heavy losses are expected to demand the return of billions of dollars. "Managers have a pretty good feeling for what […]
Hedge funds, mortgages on House agenda
Boston Globe – TODAY American International Group releases third-quarter results. The insurance giant is expected to post a loss of 90 cents a share, compared with a $1.35-a-share profit last year. Starbucks Corp. releases fourth-quarter financial results and is expected […]
‘Armageddon’ Loan, Bond Prices Keep Debt Investors on Sidelines
Bloomberg – Credit markets have fallen so far that they are providing a "once in a lifetime opportunity," and investors are still selling. Prices of loans rated below investment grade declined to a record low 66.1 cents on the dollar, […]
Frank looks ahead to the next step
Boston Globe – US Representative Barney Frank yesterday staked out the next battlefront in the economic crisis gripping the world: more regulation of hedge funds, investment banks, and other financial institutions. Frank, who heads the House Financial Services Committee, blamed […]
Auction Of Hedge Fund Manager’s Former House Brings To Mind Troubled U.S. Economy
Hartford Courant – Michael Lauer’s estate in the prestigious backcountry neighborhood of this wealthy town looks almost as troubled as the U.S. economy. The grounds are overgrown with waist-high weeds. A pool cover is filled with filthy, stagnant water. Inside, […]
