Tag Archives: gasoline
Summers has ties to prominent hedge fund
Politico – On the same day Lawrence Summers was announced as President-elect Barack Obama’s top White House economics adviser, the veteran economist said he would resign as the part-time managing director of one of the nation’s largest and most successful […]
Emerging Markets-Fall as funds flee, Hungary ups rates
Reuters – Emerging stocks and bonds slid in a panic sell-off on Wednesday as hedge funds dashed to unwind positions, but Hungary’s central bank tried to throttle a slide in its currency with a three-percentage point rate rise. The banking […]
Hedge funds Collateral damage
Economist – Hedge funds are supposed to hedge. This year, they haven’t. The fund-weighted composite index compiled by Hedge Fund Research, a firm that tracks the industry, fell by 4.7% in September, the second-worst month on record. Since the start […]
