Tag Archives: treasury-secretary
Latest economic recovery plan hits $1 trillion
10 News – Investors will be listening closely to details of the $1 trillion toxic asset-purchase program to be announced Monday as the Obama administration seeks to provide enough information to satisfy markets and avoid the kind of stock meltdown […]
SMU grad is the go-to guy for seekers of bailout funds
Dallas Morning News – It’s every SMU grad’s dream: to be young, handsome, and closely involved with deciding how to spend $700 billion. Attention, Class of 2000: Your fellow alum, Jeb Mason, is living it. Mr. Mason, 32, has spent […]
Government provides record aid package to AIG
The Times and Democrat – In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership. The action, announced […]
What Can Hedge Funds Expect from President Obama?
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 […]
Money-Laundering Risk Of Hedge Funds Gauged
Washington Post – Seven years ago the Patriot Act required every financial institution to establish a program to combat money-laundering. But the roughly $2 trillion hedge-fund industry today remains free of any such government restrictions, and this week the Treasury […]
Bracewell & Giuliani LLP Announce Legislation Task Force
West Palm Beach (HedgeCo.net) – Bracewell & Giuliani LLP today announced that it has formed a multi-disciplinary Task Force to guide financial institutions, private investment funds, institutional investors and other market participants through the legislative, regulatory and enforcement challenges posed […]
The End of Wall Street as We Know It
Gotham Gazette – The turbulent financial market events of recent days demonstrably signal the end of Wall Street as we know it. More uncertainty lies ahead, on Wall Street but also for the national economy. How is this affecting New […]
Court lets NJ invest pension money in hedge funds
Newsday – A state appeals court has allowed New Jersey to move ahead with a plan to invest some state pension money into hedge funds. The court ruled Friday, rejecting a challenge by the Communications Workers of America and the […]
