Tag Archives: british-banks


Treasury Select Committee MPs accuse funds of cashing in on misery

January 28, 2009 : Permalink

Times Online – Hedge funds were accused by MPs yesterday of gambling against the taxpayer when they bet that the share prices of British banks would fall. Appearing before the Treasury Select Committee, four leading hedge fund managers were told […]

Iceland: The country that became a hedge fund

December 3, 2008 : Permalink

CNNMoney.com – On a gloomy morning in early August, more than a month before Wall Street and the world’s financial system seized up, a senior aide to Iceland’s Prime Minister paid a visit to the Russian embassy in Reykjavík to […]

20 Biggest Economies In World Economic Summit Tomorrow

November 14, 2008 : Permalink

West Palm Beach (HedgeCo.net) – The leaders of the world’s 20 biggest economies will hold an historic meeting Saturday in a bid to head off the threat of a protracted global recession and forge a new world financial order. Called […]

Search Is on for Iceland-Like Hedge Fund in Asia

October 31, 2008 : Permalink

Bloomberg – It used to be that we searched for economic icebergs in Asia. Now we are on the lookout for Icelands. Last week, Iceland became the first developed economy to seek aid from the International Monetary Fund since 1976. […]

Stocks point higher as global shares jump

October 28, 2008 : Permalink

WBT – U.S. stocks appeared headed for a rebound Tuesday as investors awaited the start of a two-day meeting of the Federal Reserve that is widely expected to bring another reduction in interest rates. The sharp rise in stock market […]

Hedge star Paulson says credit crisis not over

June 18, 2008 : Permalink

Reuters- The credit crisis is not over, and losses in the financial sector are set to be around $1.3 trillion, according to star hedge fund manager John Paulson, who says he remains short credit. In its twice-yearly report in April, […]