Browse Site by Tags -

Hedge funds keep on bringing in the money

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 Comment on 07-22-2010
Filed under: Finance, hedge funds

European Parliament approves cap on bankers’ bonuses

From January next year, restrictions on bankers’ bonuses will take effect, the European Parliament has announced today. Under the deal agreed by the EU members last month, cash bonuses will be capped at 30% of the total bonus. 60% of bonuses should be variable and for future payment only, with at least...

Posted to Finance on 07-07-2010
Filed under: All Financial News, Economy News, Banking News, cap, London, pay, financial crisis, EU, Hedge Funds, bonuses, performance, excessive, bankers, long-term, risk taking, linked, European Parliament

White House Statement On Obama’s Proposed Bank Restrictions

This morning, President Barack Obama proposed new rules relating to the size and activities of the U.S.’s largest banks in the name of financial reform. Below is the official White House statement regarding the matter (courtesy of the Wall Street Journal’s “Real Time Economics” blog): President Obama...

Posted to Economics on 01-21-2010
Filed under: Obama Administration, U.S. Government, Bailout, Congress, Politicians, Financial Sector, Banking Crisis, banking industry, Credit Cards, banks, Investment Banks, Wall Street, Barack Obama, President Obama, banking sector, Barney Frank, Hedge Funds, Paul Volcker, Small Business, Financial Reform, Private Equity, bank scope, bank size, Bill Donaldson, credit card rates, proprietary trading operations, financial reform legislation, Chris Dodd, financial reform bill

U.S. Financial Crash Dead Ahead

Back when I started Boom2Bust around Memorial Day Weekend 2007, there weren’t too many voices out there warning about a coming U.S. financial crash— let alone a financial crisis. Despite this, whether armchair economist or Wall Street analyst, there was one thing pretty much all of us had in common...

Posted to Economics on 01-06-2010
Filed under: Housing, Federal Reserve, Obama Administration, U.S. Government, Central Banks, Dollar, Economy, Depression, housing bubble, Politicians, Crime, Financial Sector, deregulation, Currencies, Debt, Derivatives, Wall Street, Guns, Crash Prophets, Ben Bernanke, Joseph Stiglitz, Bubbles, Survivalism, reserve currency, Fed, financial system, Jeremy Grantham, Wall Street bonuses, Marc Faber, Hedge Funds, monetization, Nassim Taleb, Robert Shiller, national debt, lobbyists, Re-Regulation, federal debt, wealth destruction, Hegemony, bankers, George Soros, Henry Kaufman, Niall Ferguson, dot com bust, capitalism-without-morals, Simon Johnson, great depression 2, shadow banking system, pollyannas, next great depression, Wall Street crime, irrational exuberance, Jared Diamond, credit meltdown, Barton Biggs, financial bubbles