Tag Archives: economic-crisis


EU assembly flexes muscles, fast reforms may be hard

Reuters AlertNet – The newly elected European parliament starts its five-year term on Tuesday in a combative mood which could slow the passage of laws intended to fight Europe’s worst economic crisis in decades. At its first session since an […]

Obama readies stricter rules on financial institutions

Detroit News – President Barack Obama is ready to roll out an overhaul of the intricate rules and systems that govern America’s troubled financial institutions, proposing the most ambitious revision since the Great Depression. The goal is to prevent a […]

$4bn Withdrawn from Nigeria Stock Market

Daily Guide – Foreign investors in the Nigerian capital market withdrew some $4 billion from the Nigeria Stock Exchange and precipitated its steep decline, the Exchange’s Director General, Professor Ndidi Okereke-Onyiuke has said. Appearing  before the joint Senate Committees on […]

Hedge fund Yorkville spies gap in loans market

Reuters – Yorkville Advisors, a $1 billion hedge fund, said it is stepping into the lending vacuum left by banks as it provides struggling firms with loans for up to two years, typically in the $5 million to $40 million […]

Flash is out for U.S. wealthy on Valentine’s day

Reuters – Flashiness is out and subdued celebration is in among wealthy Americans on Valentine’s Day. As the economic crisis spreads and conspicuous consumption loses its luster, hedge fund millionaires and oil barons are shunning eye-catching items like yellow, red […]

Obama Puts Foot Down, Caps Pay for Top Execs

New York (HedgeCo.Net) – As the Obama administration prepares to distribute the remaining $350 billion in the Troubled Asset Relief Program, a new requirement will ensure that the salaries of top executives be capped at $500,000 a year.  “For top […]

Colombia, Venezuela form $200 million fund to boost trade

Jamaica Gleaner – The presidents of Colombia and Venezuela pledged Saturday to invest US$100 million each in a special fund in hopes of boosting cross-border trade as the world economic crisis slashes global demand for their exports. The cash will […]

Obama plans fast action on financial regulation

Reuters – The Obama administration plans to tighten the nation’s financial regulatory system, including stricter federal rules for hedge funds, credit rating agencies and mortgage brokers, the New York Times reported in Sunday editions. The broad changes include increased oversight […]

Your Funds What will be the biggest fund stories of 2009?

Seattle Times – The big stories in the mutual-fund world are always taking shape, but the new year gives us a chance to gaze into the crystal ball to try to read future headlines. Performance stories always rule the day […]

GM, Chrysler considering bankruptcy to get bailout: report

Reuters – General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions. In response to automakers’ bailout […]

Hedge Funds Perform Well

Cayman Net News – Despite the ongoing housing crisis in the US, the credit crunch, and the general slowing of the American economy the number of hedge fund terminations in the most recent financial year has been only slightly higher […]

Hedge funds expand role as small business lender

Guardian.co.uk – Hedge funds are known for playing many roles on Wall Street, but last-resort lender to small businesses that are turned down by banks is hardly one of them.  Yet with the credit crunch pushing many major U.S. banks […]

Related Posts Plugin for WordPress, Blogger...