Tag Archives: fiduciary obligation
Demonizing hedge-fund managers
St. George Daily Spectrum – According to the Center for Responsive Politics, hedge funds and private equity firms donated $2,992,456 to the Obama campaign in the 2008 cycle. Obama, vocal critic of the campaign finance practice known as "bundling," accepted […]
Hedge fund manager lashes back at Obama on Chrysler
Reuters – Prominent hedge fund manager Clifford Asness has struck back at the Obama administration, saying hedge funds had the right and responsibility to hold out on last week’s Chrysler LLC restructuring deal. "Managers have a fiduciary obligation to look […]
