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The hedge fund party is ending in London’s Mayfair district

International Herald Tribune - As world markets shudder, the hedge funds based in London, once the toast of the city’s flashy financial elite and magnets for cosmopolitan capital, have stumbled badly.
The increasingly global sweep of the credit crunch and the collapse of Lehman Brothers have punished all manner of hedge funds - secretive investment pools that […]

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Government Rescue Plan Boost Fannie and Freddie Shares

New York (HedgeCo.Net) - Mortgage lenders Fannie Mae and Freddie Mac may get some help from the Fed in hopes of staving off a market implosion following a crippling credit crunch and a period of great stress in the financial markets.
"Fannie Mae and Freddie Mac play a central role in our housing finance system and […]

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