Hedge Funds In The Microwave
Forbes – In an op-ed in the Financial Times on Monday , I described the unraveling and demise of the shadow banking system that started with non-bank mortgage lenders, structured investment vehicles...
View ArticleThey Just Don’t Get It
Washington Post – That is the technical economic term that best sums up a day in which the House of Representatives refuses to pass a $700 billion rescue plan pushed by the White House and...
View ArticleEurope and others bolster banks to fight crisis
Reuters – Nations from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to halt a markets crash with pledges to back lending, buy stakes in financial institutions and take...
View ArticlePaulson To Hedge Funds “No Soup For You”
In an interview on Bloomberg TV, Treasury Secretary Henry Paulson, when asked whether hedge funds might be eligible for the U.S. plan injecting capital into financial companies he said, "the program...
View ArticleHeyday of hedge funds is over, Citadel’s Ken Griffin predicts
Chicago Tribune – "The key change in the next decade is that policymakers around the world have chosen the winners and losers," Griffin said at a Wednesday panel. "The winners are the banking system."...
View ArticleBOE’s Gieve Says Markets Still `Under Acute Strain’
Bloomberg – Bank of England Deputy Governor John Gieve said investors are still facing “acute” stress as market declines force hedge funds to sell assets. “The financial system remains under acute...
View ArticleHSBC to launch first ETF in Europe
Reuters – HSBC Holdings Plc, Europe’s biggest bank, is to unveil plans to enter into the European exchange traded fund (ETF) market with its first launch, the Financial Times said on Monday. ”We...
View ArticleEuropean ETF assets hits all-time high-BGI
Reuters – European exchange traded fund (ETF) assets hit an all-time high of $192 billion at the end of August, driven by strong demand for emerging market and fixed income ETFs, according to a report...
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