Tag Archives: stimulus-plan


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 […]

South Carolina lawmakers hedge on stimulus aid

January 30, 2009 : Permalink

Greenville News – Two key leaders of South Carolina’s Legislature said Friday they would have problems agreeing to accept some of the federal stimulus money passed by the U.S. House if Gov. Mark Sanford decides not to ask for it. […]

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 […]

Obama Addresses Economy, Will Confront Problems “Head-On”

November 7, 2008 : Permalink

New York (HedgeCo.Net) – In his first press conference since winning the presidential election, Barack Obama discussed ways to tackle the economic crisis while describing the “enormity of the task that lies ahead.” In the wake of what looks to […]

What Can Hedge Funds Expect from President Obama?

November 5, 2008 : Permalink

New York Times Blogs – After pouring money into Barack Obama’s campaign, what can hedge funds and their executives expect from the new president? If history is any exmaple, says FINAlternatives, they shouldn’t expect a cuddly relationship. Mr. Obama didn’t […]