Tag Archives: tony-fratto

Bloodbath in Mayfair as half of all hedge funds face termination

Guardian Unlimited – Lights flicker and numbers flash up on small dials at the front of two computer servers nicknamed Meg Ryan and Jamie Lee Curtis by traders at the London headquarters of hedge fund giant Man Group. The shiny new […]

Christine Lagarde warned Hank Paulson to bail out Lehman Brothers

Telegraph.com.UK – Sources close to Mrs Lagarde said that she had called the US Treasury Secretary – a close personal friend – well before the ailing bank’s collapse imploring him to act, but he chose not to. Lehman Brothers’ demise […]

Be wary of deregulation scapegoat

Myrtle Beach Sun News – The financial turmoil has pushed the Obama campaign into the lead, and this is mostly justified. Barack Obama is more thoughtful on the economy than his opponent, and his bench of advisers is superior. But […]

The Group Of Thirty Issues Supervisory Report

West Palm Beach (HedgeCo.net) – The Group of Thirty released a new report, ‘The Structure of Financial Supervision: Approaches and Challenges in a Global Marketplace’. The report was issued after the meeting of G7 finance ministers and central bank governors […]

Europe’s turmoil batters London shares

Independent – The FTSE 100 Index tumbled more than 200 points today after a weekend of financial turmoil in Europe. Investors took scant comfort from Friday’s backing of a US financial rescue to leave the FTSE 100 Index down almost […]

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