Tag Archives: prospects


Shorting not good bet for hedge funds

Gulf News – Short-selling, one of the few tactics that made money for hedge funds in 2008, has become a risky bet as prospects for equities have improved, while getting hold of stock to sell is harder as lenders shun […]

World stocks head for 6th week of gains

Reuters – World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region’s prospects. MSCI‘s main world stock index was flat despite modest gains in […]

Hedge Fund Manager Defended by Madoff’s Lawyer Gets 40 Months

Bloomberg – A hedge fund manager who used the same defense lawyer as Bernard Madoff received a sentence that was a third of the maximum possible after he was convicted of defrauding investors out of $10 million. Vincent Montagna remains free […]

Hedge Fund Whiz Einhorn Jumps on the Gold Wagon

BusinessWeek – With the price of gold racing higher over the past two months, more investors are coming around to the notion that the precious metal may be the best option to protect against a possible economic catastrophe. Among the […]

Hopes high as Obama takes office

Reuters – Barack Obama takes over as U.S. president on Tuesday with hopes riding high he can conjure up a rescue that will jolt the world’s biggest economy back to life and contain the financial crisis ravaging global markets. The […]

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