Obama Seeks Investors in Plan to Buy Illiquid Assets
Bloomberg – The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled...
View ArticleObama Outlines Toxic Asset Plan – Pressure is on Private Investors, Hedge Funds
New York (HedgeCo.Net) – The Obama administration has unveiled its much anticipated program aimed at clearing toxic assets from the books of U.S. banks and finding a middle ground between inaction and...
View ArticleAIMA Supports New US Treasury Investment Program
West Palm Beach (HedgeCo.net) – Todd Groome, Chairman of the Alternative Investment Management Association (AIMA) said in a statement regarding the Public-Private Investment Program announced by Tim...
View ArticleHedge fund Bridgewater mulls US toxic asset plan
Reuters – Bridgewater Associates Inc, one of the world’s biggest hedge-fund managers, said on Tuesday it might be interested in participating in the U.S. Treasury’s public-private investment program,...
View ArticleTreasury gets 100 New Fund Manager Applications
West Palm Beach (HedgeCo.net) – The Treasury Department said that they have recieved 100 applications from potential fund managers interested in participating in the Legacy Securities portion of the...
View ArticleHedge Fund Survey On Obama Regulations
HedgeCo.net (West Palm Beach) – A survey by RSM McGladrey, a financial services consultancy, found that hedge fund managers are surprisingly ready to work with SEC regulators to cooperate with...
View ArticleInvestors fear money went south — to Panama
StarTribune – The money trail in a suspect currency investment program promoted by several Twin Cities companies runs through an industrial building in this gritty southern California community that...
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