Alan Rappeport, an economics and business reporter for the FT, will provide rolling coverage of Ben Bernanke's questioning by the Financial Crisis Inquiry Commission panel today. Alan's coverage on this blog will start at about 2pm UK time, 9am EST.
Posted to
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on 09-02-2010
Filed under: Finance, banks, Ben Bernanke, FCIC, The Fed
So much for the death of hedge funds.
Asset management, having been through a couple of tough years, is back to doing fairly well for itself - and that includes hedge funds - according to the Boston Consulting Group.
The industry as a whole is back from a nasty 2008 with global assets under management...
Posted to
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on 07-22-2010
Filed under: Finance, hedge funds
It is rare to hear the senior management of a company insisting so forthrightly that it has little control over its own destiny, but that was the message emerging from Goldman Sachs today.
David Viniar, Goldman’s chief financial officer, was at pains to hammer home this point on the investor conference...
Posted to
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on 07-20-2010
Filed under: Finance, goldman sachs
There is a lot of uncertainty about the stress tests on European banks, the results of which are due to be announced on July 23. The question is whether the tests will be stringent enough to have credibility with investors or will be regarded as a whitewash.
I am not sure the statement issued on Wednesday...
Posted to
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on 07-08-2010
Filed under: Finance