Tag Archives: obama
Wall Street & Democrats: A Love/Hate Relationship
New York (HedgeCoVest.Com) – In a feud that seems to have been going on as long as the feud between the Hatfields and McCoys, several major Democratic politicians have taken up the next battle between Wall Street and the Democratic […]
Biotech Rallies: Composite Models Take Advantage
New York (HedgeCo.net) – The biotech sector has been on an incredible run over the last four years and so far in 2015, the rally has continued. In the last four years, the iShares Nasdaq Biotechnology ETF (NYSE: IBB) has gone […]
U.S. Financial Regulation Overhaul: Side-by-Side Comparison
Bloomberg – President Barack Obama handed the U.S. Congress a road map for an overhaul of financial-services regulation in June, including greater oversight of derivatives and system-wide risks, new ways to wind down failed companies and a consumer agency to […]
Ahead of the Bell: SEC, CFTC to ‘harmonize’ rules
MSN – Two agencies with oversight of the financial markets are trying to coordinate their regulations to eliminate differences involving similar types of investments and instruments. The Securities and Exchange Commission, the government’s primary markets watchdog, and the Commodity Futures […]
U.S. pay czar says he can “claw back” exec compensation
Reuters – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and "binding" authority over executive compensation, including the ability to "claw back" money already paid, and he is weighing how and whether to use that […]
Delphi Favors Bid from Lenders
Private Equity Hub – A group of hedge funds that provided bankruptcy funding to Delphi Corp on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration. Delphi’s […]
David Einhorn, still a hedge fund rock star
FierceFinance – David Einhorn, the head of Greenlight Capital, caused quite a stir at the Ira W. Sohn Investment Research Conference last year. He made it known that he was shorting Lehman Brothers, which was trading at $60 at the […]
New FDA Chief Must Divest Several Stock, Fund Holdings
Wall Street Journal – The new commissioner of the Food and Drug Administration is among the wealthiest Obama administration appointees, with income of at least $10 million in 2008 thanks mostly to her husband, a hedge-fund executive, according to financial […]
Hedge funds wary of US govt
Straits Times – Hedge fund executives at the conference said Mr Obama’s deal undercut bankruptcy court rules that have long given priority to secured lenders. The White House move and its combative stance with hedge funds may keep some managers […]
