Tag Archives: economy


Stanford investigation sparks fears in Antigua

February 17, 2009 : Permalink

MSNBC – On the streets of Antigua, Texas billionaire Allen Stanford is a controversial figure. Some embrace him while others deride him as a modern-day colonialist. But nearly all say they fear a U.S. investigation into the tycoon’s financial empire […]

$4bn Withdrawn from Nigeria Stock Market

February 13, 2009 : Permalink

Daily Guide – Foreign investors in the Nigerian capital market withdrew some $4 billion from the Nigeria Stock Exchange and precipitated its steep decline, the Exchange’s Director General, Professor Ndidi Okereke-Onyiuke has said. Appearing  before the joint Senate Committees on […]

Brazil Braces for Hedge-Fund Manager Import: Alexandre Marinis

February 11, 2009 : Permalink

Bloomberg – Brazil’s main airports are filled with the country’s fastest-growing import: Brazilians returning home after losing their jobs in the U.S., Japan and Europe. They left their homeland for jobs in more developed countries years ago, and sent some […]

Ex-Fed chief says reforms must include hedge funds

February 5, 2009 : Permalink

Indianapolis Star – Paul Volcker, an adviser to President Barack Obama, urged "fundamental changes and reform of the financial system" that will help the U.S. economy recover from its crisis and promote future growth. The former chairman of the Federal […]

Hedge Fund Whiz Einhorn Jumps on the Gold Wagon

January 29, 2009 : Permalink

BusinessWeek – With the price of gold racing higher over the past two months, more investors are coming around to the notion that the precious metal may be the best option to protect against a possible economic catastrophe. Among the […]

CME Group’s trading volumes could hinge on government rescue efforts

January 29, 2009 : Permalink

Chicago Tribune – Government attempts to revive the economy could decide what happens to trading volumes at CME Group Inc. A $1 trillion federal deficit could flood the market with enough government bonds to stabilize volumes, while a Federal Reserve […]

Survey Finds More Job Cuts to Come

January 26, 2009 : Permalink

Street.Com – The NABE survey of 105 forecasters was taken Dec. 17 through Jan. 8. In the survey, 52% said they expected gross domestic product to fall by more than 1% this year. GDP measures the value of all goods and […]

Hopes high as Obama takes office

January 20, 2009 : Permalink

Reuters – Barack Obama takes over as U.S. president on Tuesday with hopes riding high he can conjure up a rescue that will jolt the world’s biggest economy back to life and contain the financial crisis ravaging global markets. The […]

Hedge funds look to sublease office space

December 26, 2008 : Permalink

Greenwich Time – Some hedge funds in the region are looking to sublease their office space as they downsize or shut down in the lagging economy. John Goodkind, managing principal of Greenwich-based commercial real estate firm Newmark Knight Frank, said […]