Tag Archives: paychecks

Shame on You, Wall Street

Barron – President Obama took credit Wednesday for the recovery in the financial markets while at the same time decrying Wall Street’s profits and the big bonuses that will be paid out as a result. In his prime-time news conference, […]

Hedge-Fund Pay May Fall 25% in 2009 as Fees Evaporate

Bloomberg – Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year’s investment losses. The decline will cut hedge-fund paychecks to about half the record levels of 2007, […]

Obama Tackles Economy, Lending in Speech to Congress

New York (HedgeCo.Net) – Obama used his time in front of Congress last night to present a “blueprint for our future,” with a specialized focus on health care, education and energy.  But there was plenty of time for talk on […]