Tag Archives: watchful-eye
Leaders at G20 Vow to Restore International Markets, Keep a Closer Watch on Hedge Funds
New York (HedgeCo.Net) – Hedge funds can expect to be kept on a tighter leash in the near future, as leaders from all over the world met at the G20 summit in London to discuss the next steps towards remedying […]
UBS, Stanford Propel Offshore Crackdown
New York (HedgeCo.Net) – A federal judge has set a July 13 hearing for UBS, in which they may be forced to disclose names associated with 52,000 secret Swiss bank accounts holding more than $14.8 billion in assets. UBS continues […]
Time flies with Nadel in custody
Herald Tribune – As Arthur G. Nadel made his way to New York Thursday under the watchful eye of U.S. marshals, the clock ticked away on the 30-day time limit faced by prosecutors to indict the man accused of a […]
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 […]
Experts show the way on post-Bush portfolios
Asbury Park Press – The end of the George W. Bush era brings some Grateful Dead lyrics to mind: "What a long, strange trip it’s been." The first Bush term opened following the bursting of the tech bubble, which had […]
White House Inaction on Rules For Hedge Funds Is Criticized
Washington Post – The Bush administration’s decision to drop proposed money-laundering rules for hedge funds is "inexplicable, ill-timed and unwise," Sen. Carl M. Levin (D-Mich.) said yesterday. Hedge funds, private investment pools whose investors are often wealthy individuals, have drawn […]
Treasury Said to Invest $125 Billion in US Banks
Bloomberg – The Bush administration will invest about $125 billion in nine of the biggest U.S. banks, including Citigroup Inc. and Goldman Sachs Group Inc., in the government’s latest attempt to shore up confidence in the financial system. The proposed […]
Wild markets bring turmoil to hedge funds
Boston Globe – Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not survive. Even before the Bush administration proposed its […]
Hedge funds shy from Bush’s Wall St. bailout
Reuters – Hedge funds are unlikely to be among financial institutions clamoring to unload their bad debts under a proposed $700 billion Wall Street bailout plan, the chief of the funds’ lobbying group said on Tuesday. "I think it’s unlikely […]
Wild markets bring turmoil to hedge funds
Boston Globe – Hedge funds usually thrive when markets turn volatile. But even these fast-money investors are struggling to cope with the wild swings in the markets, raising concern that some may not survive. Even before the Bush administration proposed […]