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Today is Saturday, July 4, 2009 at
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Countdown to Market Close:
Paul Volcker , one of the men President-elect Barack Obama is counting on to save the U.S. economy, last night helped the Museum of American Finance raise about $470,000 at a gala dinner .
The former Federal Reserve chairman’s Rolodex and clout helped the museum come within $30,000 of the money raised at its inaugural gala before the crisis started last year.
Jeanne Driscoll , the museum’s development director , smiled as patrons arrived, including Merrill Lynch & Co. Vice Chairman William McDonough and Blackstone Group L.P. co-founder Pete Peterson . She said a Volcker-less affair and the absence of many of his rich and powerful friends would have raised much less in the current economy, which he is charged with fixing as head of Obama’s Economic Recovery Advisory Board.
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INTERVIEW-AQR hedging its bets with big mutual fund plan (posted July 1, 2009)
Hedge fund returns are up, redemptions down (posted June 30, 2009)
BTIG Expands International Capabilities With Japan Equity Team (posted June 26, 2009)
Lawmaker accuses Fed of ‘over-up’ in BofA deal (posted June 25, 2009)
Millionaires’ club sees record drop (posted June 25, 2009)
CIC To Invest $500M In Blackstone Fund (posted June 23, 2009)
CIC Said to Invest $500 Million in Hedge Funds, Blackstone (posted June 19, 2009)
Obama’s Overhaul Would Register Hedge Funds (posted June 18, 2009)
Hedge Fund Investors Regain ‘Whip Hand’ After 2008’s Losses (posted June 18, 2009)
Obama readies stricter rules on financial institutions (posted June 15, 2009)
BTIG to Expand, Hires 4 High Yield Experts (posted June 12, 2009)
Northern Trust Named Fund of Hedge Funds (posted June 11, 2009)
Stock futures flat ahead of retail, jobless data (posted June 11, 2009)
Tags: american finance , barack obama , blackstone group , chairman william , clout , co founder , development director , driscoll , economic recovery , federal-reserve , federal-reserve-chairman , gala dinner , merrill-lynch , paul volcker , pete peterson , president elect , rolodex , vice chairman , william mcdonough
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