Yearly Archives: 2008
Obama brushes aside GOP criticism of his tax plans
Bloomington Pantagraph – Democrat Barack Obama on Wednesday brushed aside Republican charges that his tax plan amounts to socialism, but acknowledged it involves “spreading around opportunity’’ so that wealthier Americans — like himself — pay a little more to help […]
EU’s enthusiasm for new global financial order
People – Bowing to Europe’s enthusiasm fora new global financial order, U.S. President George W. Bush has agreed recently to host a world summit on reforms of the international financial system. After a weekend meeting at Camp David some 100 […]
Komodo Hedge Fund Outperforms as Cameron Replicates Japan Bets
Bloomberg – Komodo Capital Management Pte’s hedge fund outperformed rivals as Chief Investment Officer Angus Cameron employed strategies he developed during Japan’s slump in the 1990s to profit from the global financial turmoil. The Singapore-based firm’s KC Asia Fund has […]
Former Columbia Professor Starts Asia Fund of Value Hedge Funds
Bloomberg – Van Biema Value Partners LLC, led by a former Columbia Business School professor, started a new fund to invest in Asian hedge funds while plunging markets and client withdrawals force rivals to scale back investments. The Cayman Islands-domiciled […]
Credit Crunch Rocks Bain, as Funds Fall Up to 50%
Wall Street Journal – Some high-profile Bain Capital credit-investment funds are choking on losses of as much as 50%, said people familiar with the matter, the latest revelation in a day of shake-ups across the hedge-fund business. The private-equity firm’s […]
Investor Confidence Index Declines in October
West Palm Beach (HedgeCo.net) – State Street Global Markets, the investment research and trading arm of State Street Corporation, released the results of the State Street Investor Confidence Index for October 2008. Confidence among North American investors fell particularly sharply […]
David Cameron challenges Mandelson over Russian oligarch donation
Telegraph.co.uk – Mr Cameron said that his shadow chancellor George Osborne had explained "very clearly" all the meetings and conversations he had had about a possible £50,000 donation from Oleg Deripaska and called on Mr Mandelson to produce a similar […]
Greenwich Lean Time
New York Observer – On a recent Friday afternoon, Terry Betteridge, owner of Betteridge Jewelers (est. 1897), was discussing the state of business on sun-drenched Greenwich Avenue in Greenwich, Conn., as the world at large continued to gasp and gawk […]
Presidential Elections & US Investments – Report
West Palm Beach (HedgeCo.net) – Amidst the recent turmoil in the global financial markets one of the most influential and highly contested Presidential elections is taking place in the United States on the 4th November. With these elections rapidly approaching, […]