Hedge Fund News From HedgeCo.Net


Hedge funders grouse over Obama speech

Greenwich Time – The toast of this suburban hedge fund hub four years ago, when Paul Tudor Jones II and George Soros opened their Rolodexes for him at a star-studded fundraiser in Greenwich, these days President Barack Obama is testing the loyalty of some of those very allies in the financial sector.

Insiders of the notoriously circumspect industry bristled Tuesday at the president’s comments one night earlier during his televised speech to the nation on debt ceiling negotiations, when Obama questioned whether hedge fund executives are paying their fair share of taxes.

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