Tag Archives: skepticism


AIG trustee aids offshore hedge funds

May 13, 2009 : Permalink

The battered insurance giant AIG returns to Capitol Hill Wednesday facing another frosty reception in Congress – where three AIG trustees appointed by the U.S. government will make their public debut amid growing skepticism over their role at the company. […]

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 […]

Elliott Hedge Fund Bought Fictitious Securities From Dreier

January 27, 2009 : Permalink

Bloomberg – Elliott Management Corp., the $12.8 billion hedge-fund firm founded by Paul Singer 32 years ago, told clients that it bought securities from Marc Dreier, the New York lawyer jailed for alleged fraud. Elliott lost money on promissory notes […]