Hedge Fund News From HedgeCo.Net

Geithner warns EU on hedge-fund law

Reuters – U.S. Treasury Secretary Timothy Geithner has written to French economy minister Christine Lagarde warning her against curbing foreign hedge funds in Europe as a row with Washington over new EU controls escalated.

The correspondence, sent late on Tuesday and seen by Reuters, increases pressure on Paris to make concessions on new controls for private equity and hedge funds.

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