Tag Archives: federal-reserve


BlackRocks Global Macro Hedge Fund Bets on More Stock Declines

March 24, 2009 : Permalink

Bloomberg – BlackRock Inc.’s global macro fund, the world’s second-best performer over two years among hedge funds that invest based on economic trends, is betting against this month’s equities rally and buying bonds as a recovery from the worst credit […]

Obama Seeks Investors in Plan to Buy Illiquid Assets

March 23, 2009 : Permalink

Bloomberg – The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled assets clogging banks’ balance sheets. Treasury Secretary […]

Bernanke Addresses Congress, Defends Another AIG Bailout

March 4, 2009 : Permalink

New York (HedgeCo.Net) –   After handing AIG another $30 billion in taxpayer-funded, government bailout funds, U.S. Federal Reserve Chairman Ben Bernanke defended the decision, with the worn-out argument that the insurer’s failure may trigger an economic domino effect. “We know […]

Fed $1,000bn financing plan nears launch

February 26, 2009 : Permalink

Financial Times – The US Federal Reserve will launch its financing ­programme, worth up to $1,000bn, for consumer and business loans in the coming days, amid concerns that hedge funds might find it difficult to take advantage of the scheme. […]

Obama’s Stimulus Package Approved by Senate

February 11, 2009 : Permalink

West Palm Beach (HedgeCo.net) – President Barack Obama’s $838 billion stimulus plan was approved by the U.S. Senate as part of a plan of action the Senate hopes will revive the collapsing US economy. $100 billion is to be alotted […]

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 […]

Obama plan clears first hurdle, Asian markets cheer

January 29, 2009 : Permalink

Reuters – U.S. President Barack Obama‘s $825 billion stimulus plan cleared its first Congressional hurdle as the Federal Reserve eyed more extreme measures to ease credit market strains, boosting Asian stocks despite deep skepticism that a global slowdown can be […]

Bank of America Receives $138 Billion of Rescue Funds

January 16, 2009 : Permalink

Bloomberg – Bank of America Corp., the largest U.S. bank by assets, received a $138 billion emergency lifeline from the government to support its acquisition of Merrill Lynch & Co. and prevent the global financial crisis from deepening. The U.S. […]

Volcker Helps Finance Museum Raise $470000 at Gala, Defy Slump

January 13, 2009 : Permalink

Paul Volcker, one of the men President-elect Barack Obama is counting on to save the U.S. economy, last night helped the Museum of American Finance raise about $470,000 at a gala dinner. The former Federal Reserve chairman’s Rolodex and clout […]

Fed, ECB prepare to tackle deflation head-on

January 5, 2009 : Permalink

Reuters – Officials from the Federal Reserve and the European Central Bank on Sunday vowed to fight the damaging effects of deflation as the global economy suffers a deep and lengthy recession. In just a few months, central bankers’ concerns […]