Journal of a Plague Year: Faith in Markets Cracks Under Losses
Bloomberg – It has been a year of record misery: the largest bankruptcy, bank failure and Ponzi scheme in U.S. history; $720 billion in writedowns and losses by financial institutions; $30.1 trillion...
View ArticleFebruary Hedge Fund Performance
West Palm Beach (HedgeCo.net) – Morningstar reported a sharp decline in credit and equity markets as the U.S. government announced its stimulus package and financial stability plan. February saw a huge...
View ArticleObama Outlines Toxic Asset Plan – Pressure is on Private Investors, Hedge Funds
New York (HedgeCo.Net) – The Obama administration has unveiled its much anticipated program aimed at clearing toxic assets from the books of U.S. banks and finding a middle ground between inaction and...
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