Tag Archives: stimulus package
Obama: Small Business Loans and Refinancing are Keys to Economic Recovery
New York (HedgeCo.Net) – President Obama met with Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner on Friday, after which he told reporters there are “glimmers of hope across the economy.” The meeting, which was also attended by […]
Weavering to Liquidate Largest Fund Amid Swap Probe
Bloomberg – Signet Capital Management Ltd., a hedge fund investor that overseas about $2 billion, wrote down to zero an investment in Weavering Capital, the London-based hedge fund that filed for administration last week. PricewaterhouseCoopers LLP is liquidating the $506 […]
February Hedge Fund Performance
West Palm Beach (HedgeCo.net) – Morningstar reported a sharp decline in credit and equity markets as the U.S. government announced its stimulus package and financial stability plan. February saw a huge sell-off in U.S. and European bank stocks caused by […]