Tag Archives: lawrence-summers


Hedge fund paid Obama adviser Summers $5.2 million

Reuters – Lawrence Summers, a top economic adviser to U.S. President Barack Obama, was paid about $5.2 million (3.48 million pounds) by hedge fund D.E. Shaw in the past year, financial disclosure forms released by the White House showed on […]

Obama drops “car czar” idea

Reuters  – President Barack Obama has decided to launch a government task force for restructuring the struggling U.S. auto industry instead of naming a "car czar" with sweeping powers, a senior administration official said on Sunday. Obama is appointing Treasury […]

KBC to cut some hedge fund-related activities

Reuters – Belgian banking and insurance group KBC said on Monday that it will discontinue some of its hedge fund-related activities and that the move could lead to some redundancies. KBC said it will also close its Alternative Investment Management […]

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