{"id":9657,"date":"2009-01-19T00:00:00","date_gmt":"2009-01-19T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"in-lieu-of-bailout-a-new-strategy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2009\/in-lieu-of-bailout-a-new-strategy.html","title":{"rendered":"In Lieu of Bailout, a New Strategy"},"content":{"rendered":"<p>Atlanta Journal Constitution &#8211; Unlike the nation&rsquo;s banks, hedge funds haven&rsquo;t been lining up for government bailouts in the wake of losses they can&rsquo;t handle. But the funds do share one Wall Street problem: a huge mismatch between the short-term funds they take in and the long-term bets they make. Without a rethink of their business models, many in the hedge fund business risk going the way of the investment banking dodo.<\/p>\n<p>Recall the nightmare on Wall Street. Going into 2008, America&rsquo;s five big investment banks held trillions of dollars in long-term and illiquid assets that were financed largely by short-term borrowings. That did not work out so well. Two of them disappeared. Another was swallowed by a traditional bank, and the last two had to don the sober garb of regulated, deposit-taking banks to survive.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.ajc.com\/biz\/content\/shared-gen\/nyt\/business\/1f56dbe6-ab60-418d-b020-be9517277733.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Atlanta Journal Constitution &#8211; Unlike the nation&rsquo;s banks, hedge funds haven&rsquo;t been lining up for government bailouts in the wake of losses they can&rsquo;t handle. But the funds do share one Wall Street problem: a huge mismatch between the short-term [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5933,82,5935,1890,1906,5936,2859,1718,831,129,5938,5940,5939,5937,5934,4924,4464],"class_list":["post-9657","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-atlanta-journal-constitution","tag-bets","tag-business-risk","tag-business-models","tag-fund-business","tag-garb","tag-illiquid-assets","tag-investment-banking","tag-investment-banks","tag-losses","tag-mismatch","tag-nightmare-on","tag-rethink","tag-share-one","tag-term-borrowings","tag-trillions","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9657","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9657"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9657\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}