The GS-Files 4: Always a Winner
Goldman has been making its money somewhat like a hedge fund: by buying and selling securities in the secondary market for profit. Why this activity should be government subsidized, I don't know.
Goldman has been making its money somewhat like a hedge fund: by buying and selling securities in the secondary market for profit. Why this activity should be government subsidized, I don't know.
Georges Ugeux | Posted 09.05.2009 | Business
European bank losses were as high as the U.S. They used the same compensation system, and their fragmented and ineffective regulatory system shares responsibility for the crisis.
John Thornton | Posted 08.30.2009 | Media
In Micro 101, we learn that such "public goods" as clean air and national defense will not be produced in sufficient supply exclusively by market forces. Allow for the sake of argument that journalism is such a good.
Robert Kuttner | Posted 08.26.2009 | Business
If the financial crisis has proven anything, it is that capital markets have become an insiders' game in which trading profits crowd out the legitimate business of investment.
Ron Kuby | Posted 08.21.2009 | Home
Let's see--he ripped off hedge fund managers, real estate moguls, and real estate lawyers. The trifecta. Were there any normal people who got hurt? Sadly, the answer is yes.
Robert Scheer | Posted 08.01.2009 | Business
How convenient for the judge and the media to paint Bernard Madoff as Mr. Evil, a uniquely venal blight on an otherwise responsible financial industry in which money is handled honestly and with transparency.
Reuters | Hue Jones | Posted 07.23.2009 | Business
LONDON (Reuters) - A global regulatory body backed compulsory registration of hedge fund managers on Monday to restore investor confidence, saying t...
Alan Schram | Posted 07.23.2009 | Business
The Obama plan for financial regulatory reform ignores the source of the problems and instead picks the wrong solutions, mostly in the form of enhanced regulatory oversight.
Times Online | Tatiana Boncompagni | Posted 07.17.2009 | Business
On a recent sunny afternoon in New York City I was talking with a girlfriend who happens to be a hedge fund wife. She was complaining about her husban...
Les Leopold | Posted 07.12.2009 | Business
How can hedge funds have a banner month with 60 percent returns, while unemployment hits 9.4 percent and tens of millions are out of work or forced into part-time employment?
Les Leopold | Posted 07.10.2009 | Business
the financial industry is whining about how it will lose "top talent" and therefore would be at a competitive disadvantage to firms that don't have such constraints.
nytimes.com | ZACHERY KOUWE | Posted 07.10.2009 | Business
Hedge funds are beginning to recover from the huge losses they suffered last year, as May turned into one of the best performing months in history....
AP | MARK JEWELL | Posted 07.03.2009 | Business
BOSTON — A pair of unrelated Boston-based hedge funds managing a total of more than $1.3 billion separately told investors Tuesday they're shutt...
Crain's Chicago Business | Ann Saphir | Posted 06.20.2009 | Chicago
Lake Shore Asset Management Ltd. has been permanently expelled from the National Futures Assn. after failing to cooperate in a fraud investigation....
George Jenkins | Posted 06.11.2009 | Business
We are potentially destroying our capitalist system by inculcating in a whole generation of young adults that this is the way things should be.
Norb Vonnegut | Posted 06.03.2009 | Business
Hedge funds are often unstable. One bad year, and investors pull their capital. A few bad "marks," and lenders make margin calls.
Bloomberg | Jesse Westbrook | Posted 06.02.2009 | Business
The U.S. Securities and Exchange Commission should be given authority to regulate what hedge funds can buy and how much money they can borrow to maxim...
Jeffrey Feldman | Posted 05.31.2009 | Business
On the 101st day of his Presidency, Barack Obama finally slapped the hedge funds across the face like they deserved.
Diane Francis | Posted 05.31.2009 | Business
So here's what is next: Chrysler's hedge funds will make money on the deal because the courts will award something.
Stuart Whatley | Posted 05.31.2009 | Business
Nobody expects the administration to right the world economy in a day, but what it can do is make sure each who is owed gets his fair share of the pie.
David Bromwich | Posted 08.23.2009 | Business
One sees in the recent career of Larry Summers how subtle, consistent, and pervasive are the means by which an aristocracy maintains itself.
Bloomberg News | Posted 04.30.2009 | Business
Leaders of advanced and emerging economies are closing ranks behind plans for tougher rules on financial markets to prevent another collapse like the ...
Huffington Post | Julie Satow | Posted 04.26.2009 | Business
Alpha magazine has published a list of the worst performing hedge fund managers in 2008. The group of eight lost a combined $6.2 billion in personal...
Bloomberg | Katherine Burton | Posted 04.25.2009 | Business
March 25 (Bloomberg) -- Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year's inv...
Financial Times | James Mackintosh | Posted 04.24.2009 | Business
Hedge fund investors believe the industry will see even bigger withdrawals this year than last, when record levels of cash were pulled from the sector...
Nathan Lewis | Posted 08.08.2009 | Business