Madoff Fallout Victims Include Pensions and Charities

The Wall Street Journal has published a comprehensive list of banks, companies, non-profit organizations and individuals that are facing losses in a scheme that's rocking the financial world." The fallout from Bernard Madoff's alleged Ponzi scheme reverberated around the...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Busch: Hedge Funds/Commodities/Lending

" It's ironic how high oil prices contributed to the global slowdown and to the credit crunch. In commodities, greed and now fear have added their contribution to the massive deleveraging in the markets and destroyed value. Let's see how the Middle East performs now that...

The People's Hedge Fund up and running

"StrategeryCapital Management LLC The people's hedge fund About Strategery Strategery is a unique hedge fund. It is the largest in the world, with expected initial capital of $700 billion. It has a free and unlimited credit line should it need more. It has no fixed mandate,...

Long gold, long silver, a lifeline for hedge funds? « Peter J. Cooper’s We...

" Perhaps the hedge fund managers should take their cue from the central banks which are not going to be selling gold over the next 12 months as they have been over the past four previous years. Supply is coming out of the market at a time of rising demand for a hedge...

Hedge funds loans to break the banks « Peter J. Cooper’s Weblog

" It might look amusing to think of the hedge funds who had been shorting the bank stocks suddenly getting shafted. But whose money were they playing with? Yes, it came from their subscribers but who else? Well, the banks of course - and given the massively geared nature of...

$150m Islamic hedge funds debut in Dubai « Peter J. Cooper’s Weblog

" Some industry watchers have suggested that Al Safi’s funding and the launch of DSAM is a historic milestone in Islamic Finance. And it seems ironic that Islamic hedge funds should debut at such a bad time for the hedge fund industry as a whole but if they can make this...