Tag Archives: ceo
Ex-Aether Systems CEO David Oros launches hedge fund
Baltimore Business Journal – Former Aether Systems CEO David Oros has launched a $3 million hedge fund called Global Domain Vector Fund LLC, according to a Securities and Exchange Commission filing. Oros is managing director and chief administrative officer of […]
Former Fannie Mae executive to become Fortress CEO
CNBC – Fortress Investment Group LLC has named former Fannie Mae CEO Daniel H. Mudd as its new CEO, effective Aug. 11. Mudd, a Fortress board member, takes over for co-founder and majority shareholder Wesley Edens. Edens will remain with […]
KIC to hedge against inflation
Korea Herald – The CEO of Korea Investment Corp. said yesterday the company would invest $1 billion in inflation-hedging assets such as price-linked bonds, commodities and real estate assets as part of its exit strategy, amid rising concerns over possible […]
Hedge funds face serious trimming
Crain – For years, Dan Loeb was the hedge fund world’s hanging judge, firing off blistering letters to hapless chief executives that condemned them for their shortcomings. “Do what you do best,” he hissed in a 2005 letter to a […]
Bank of America’s $35 Billion Headache
Reuters – Bank of America CEO Kenneth Lewis is facing a $35 billion headache this morning after financial regulators informed the bank that was the figure it need to find now to pass the so-called stress test for viable financial […]
JP Morgan backs out of toxic assets plan
Mail Tribune – The Treasury Department on Thursday defended the viability of its $1 trillion plan to get soured mortgage investments off of banks’ books after JPMorgan Chase’s chief executive said the company won’t participate in the program. Some analysts […]
South Africa: FSB Aims to Tame Hedge Funds
AllAfrica.com – The Financial Services Board (FSB) has begun work on legislation to control hedge funds, which played a critical role in the global economic meltdown. FSB CEO Dube Tshidi said yesterday the aim with the legislation, a first for […]
Hedge fund-like investments, even if you are not a millionaire
New York Daily News – The hedge fund industry has a public relations problem these days and you have to be a millionaire to invest in one anyway, but there’s a new fund for more modest investors that can offer […]
Proposed rules concern US hedge funds and private equity –
Reuters – For years, U.S. hedge fund managers have worried that their loosely regulated and secretive industry would one day face tougher regulations. "It was inevitable that this would happen," said Brad Alford, founder of Alpha Capital Management, an advisory […]
Ron Geffner Defends Hedge Funds
Video discussing the new rules for hedge funds, with Ron Geffner, fmr. SEC enforcement attorney; Adam Patti, Indexiq CEO; and CNBC’s Rebecca Jarvis. Read Complete Article
