Tag Archives: new-president


Renaissance hires new CEO for institutional business

Reuters – Renaissance Technologies LLC, the multibillion dollar hedge fund known for delivering top returns by relying on complicated computer models, hired a new president and chief executive officer for its institutional business. The fund firm, which manages roughly $20 […]

Don’t ask what Obama can do for Wall Street….

Market Watch – No new president in the modern era, save for Franklin Roosevelt, has been handed an opportunity to remake the almost every part of the market. Barack Obama and his administration will decide everything from who lives and […]

Coal & Nuclear Power are Keys to Obama’s Energy Plan

Money Morning – President-elect Barack Obama has made no bones about wanting to jump-start the renewable energy markets – pledging $150 billion for the development of biofuels, solar and wind power, other alternative energy sources during his first term. But […]

Dodd Stresses Importance of Auto Bailout, Has Message for GM

New York (HedgeCo.Net) – Saying that GM is in the “worst shape,” Senate Banking Committee Chairman Christopher Dodd told the struggling automaker that they’ve got to consider new leadership if they want to receive federal aid.  The comments prompted many […]

Experts Discuss Hedge Fund Growth at ‘Fighting the Tape’ Seminar

West Palm Beach (HedgeCo.net) – Top financial industry leaders and more than 200 attendees gathered in New York late last week discuss the volatile hedge fund market and provide insights on distressed funds. Sponsored by global offshore law firm Walkers, the […]

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 […]

Interview With George Soros: ‘The Economy Fell Off The Cliff’

Free Internet Press – George Soros, 78, has made billions as a hedge-fund manager and investor. Germany’s Spiegel magazine spoke with him about the current financial crisis, how he expect President-elect Barack Obama to respond to the economic disaster and […]

Obama Embrace of Wall Street Insiders Points to Politic Reforms

Bloomberg – During the height of the financial crisis in late September, some of Barack Obama’s campaign advisers pushed him in a conference call to distance himself from Treasury Secretary Henry Paulson. The former Goldman Sachs Group Inc. chief executive […]

Obama adviser lobbied to protect Fannie

The Washington Times – A transition adviser to President-elect Barack Obama earned millions of dollars overseeing an office that led a lobbying effort to prevent increased oversight of mortgage giant Fannie Mae, the company at the heart of the ongoing […]

Obama appointees bring experience

Toledo Blade – President-elect Barack Obama is forming a White House leadership team that combines experienced Washington insiders who can help build a bridge with Congress and trusted associates who share his Chicago roots.   The West Wing appointments that […]

The Who’s Who of Hedge Funds Defend Their Industry

New York (HedgeCo.Net) – Five billionaire hedge fund managers stood up before Congress yesterday and shared their differing views on the hedge fund industry. George Soros, Philip Falcone, John Paulson, James Simons and Ken Griffin all took turns defending hedge […]

BIO Congratulates President-Elect Obama on His Presidential Election Victory

West Palm Beach (HedgeCo.net) – The following statement was issued by Biotechnology Industry Organization (BIO) President and CEO Jim Greenwood following the U.S. elections: "On behalf of the more than 1,200 members of the Biotechnology Industry Organization, I offer our […]