Tag Archives: economic adviser


Volcker says banks should not own hedge, equity funds-report

September 10, 2009 : Permalink

Forbes – Banks should not be allowed to own hedge funds or equity funds and their trading activity should be limited, former Federal Reserve Chairman Paul Volcker said in an interview with Il Sole 24 Ore on Thursday. ‘A bank […]

Hedge fund paid Obama adviser Summers $5.2 million

April 6, 2009 : Permalink

Reuters – Lawrence Summers, a top economic adviser to U.S. President Barack Obama, was paid about $5.2 million (3.48 million pounds) by hedge fund D.E. Shaw in the past year, financial disclosure forms released by the White House showed on […]

Row over Salmond adviser’s hedge fund in the Caymans

March 2, 2009 : Permalink

Times Online – Alex Salmond is under renewed pressure over his links with Sir George Mathewson, the former HBOS chairman, after it emerged that Sir George’s investment group’s hedge fund is running businesses from the Cayman Islands. John McFall, the […]

Obama drops “car czar” idea

February 16, 2009 : Permalink

Reuters  – President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday. Obama is appointing Treasury […]