{"id":25814,"date":"2011-11-03T09:43:25","date_gmt":"2011-11-03T13:43:25","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=25814"},"modified":"2011-11-03T09:43:25","modified_gmt":"2011-11-03T13:43:25","slug":"annaly-ceo-prepares-war-chest-as-banks-hedge-funds-shed-risk","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2011\/annaly-ceo-prepares-war-chest-as-banks-hedge-funds-shed-risk.html","title":{"rendered":"Annaly CEO Prepares &#8216;War Chest&#8217; As Banks, Hedge Funds Shed Risk"},"content":{"rendered":"<p>Dow Jones\u00a0&#8211; Banks,\u00a0hedge funds\u00a0and other financial institutions are &#8220;raining assets&#8221; on the markets as they reduce risk, countering the Federal Reserve&#8217;s efforts to stimulate the economy, the head of a mortgage bond investment firm said Wednesday.<\/p>\n<p>Annaly Capital Management (NLY) Chief Executive Michael Farrell said the New York-based real estate investment trust has reduced its debt and amassed a $3.5 billion &#8220;war chest&#8221; to exploit falling asset prices as competitors also race to raise cash by selling assets.<\/p>\n<p><a href=\"http:\/\/www.foxbusiness.com\/industries\/2011\/11\/02\/annaly-ceo-prepares-war-chest-as-banks-hedge-funds-shed-risk\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones\u00a0&#8211; Banks,\u00a0hedge funds\u00a0and other financial institutions are &#8220;raining assets&#8221; on the markets as they reduce risk, countering the Federal Reserve&#8217;s efforts to stimulate the economy, the head of a mortgage bond investment firm said Wednesday. Annaly Capital Management (NLY) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-25814","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25814","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=25814"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25814\/revisions"}],"predecessor-version":[{"id":25816,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/25814\/revisions\/25816"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=25814"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=25814"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=25814"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}