From the category archives:

Hedge Funds

Fed Flubs Subprime Meltdown —Redux

August 13, 2007

Last March we expressed concerns about the Fed’s failure to anticipate the subprime mortgage meltdown. As we said at the time: We don’t expect the Fed to be omniscient. But we can expect it to see and act on the obvious. It failed to react to the looming subprime disaster. Which begs the question: What [...]

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Outrage of the Week: The Vanishing Stakeholder

June 22, 2007

In too many ways, the primacy of the ordinary individual —as citizen, employee and investor— which has long been the backbone of modern social progress, is being left to disappear amid an onslaught of privileged special interests, civil rights-invading bureaucrats, unwatchful corporate guardians and greedy financial contortionists. In Canada, it was the no-fly list, which [...]

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Are Hedge Funds the Saviors of Capitalism? Do Elephants Fly?

April 20, 2007

The Wall Street Journal’s Alan Murray suggested a rather novel idea this week. He argued: Hedge funds — at least the five percent of them who pursue activist investing strategies — look to me like the saviors of capitalism. They are in the best position to hold CEOs accountable – and someone other than regulators, [...]

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