Hedge funds were often the rage. Not so much now.
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Jonathan Tasini's Ruminations on Work, The Economy, and PoliticsTag Archive | "Hedge Funds"
Hedge Fund Rejection–Part II
Posted on 22 September 2014.
A week ago, I wrote about CALPERS’ decision to basically get out of hedge funds. Yesterday, Gretchen Morgenson asked whether the love affair with hedge funds is over?
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Nation’s LARGEST Pension Fund Sends A Shiver Through Hedge Funds
Posted on 15 September 2014.
I’m all for change happening through action in the streets. But, it doesn’t hurt to send a little tremor into the world of the elites in other ways. And that’s exactly what the California Public Employees’ Retirement System (CALPERS) has just done.
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Hedge Fund Robbery
Posted on 15 April 2013.
Performance goes down, pay goes up. That is the formula in the hedge fund world. And it just keeps going and going and going…
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Wall Street Turning On Obama–Showing The World How Greedy They Truly Are
Posted on 30 September 2011.
It is always a good thing to start the morning with a strong cup of black coffee (no milk, no sugar, thank you) and a good, loud belly laugh. Absurdity is often the root of a good laugh. Exhibit #1 today: Wall Street is now unhappy with the president and some of those characters […]
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Wall Street Hedge Fund Billionaires Moving To Defeat Obama Re-Election
Posted on 26 April 2011.
When you swim with piranhas and think they are your friends, well, you’ll eventually get a rude lesson. Especially if you do just a little thing to hurt their interests. So, it is with the folks on Wall Street, and, in particular, the hedge fund world: they are pouring huge amounts of money into […]
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Hedge Funds Rake In More Than Banks
Posted on 03 March 2011.
This may not seem like an earth-shaking moment but it is a telling truth about where money flows, who controls it and how little ability we have to oversee the shadow banking done at the margins of our economy. From the Financial Times: The top 10 hedge funds made $28bn for clients […]
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American Car Industry Held Hostage by Greedy Hedge Funds
Posted on 30 April 2009.
It is a pretty extraordinary scenario: in a blazingly short amount of time, the Administration has forged a deal that could save thousands of jobs at Chrysler–the major banks are on board, the UAW has made more significant concessions. But all that may come crashing to a halt because of a few hedge funds who […]
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Harsh Reality
Posted on 08 November 2008.
Readers here know that I’ve been repeatedly saying things will get much worse, regardless of any one-day swings in the stock market. I’ve been saying for many, many weeks that we are going to see very big problems come the holiday season–the more important time for retailers and other businesses to bring in sales. […]
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A Few Reasons To Be Angry–And Bitter
Posted on 19 April 2008.
It doesn’t astound me that people are angry and bitter. What astounds me is that somehow the goodness of most people keeps them from taking to the streets in mass rioting. To wit: A whole bunch of very powerful and wealthy financiers create an economic disaster and who suffers? Citigroup, caught in the midst […]
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