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  • 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
  • Hedge Fund Star Predicts More Stock Market Pain After Worst Decade Ever

    After a horrendous decade for the U.S. stock market, one hedge fund star predicts the trend will remain intact for years to come. From Bloomberg’s Matt Walcoff today: The Standard & Poor’s 500 Index will collapse below its March lows as an expected rebound in economic growth fails to materialize...
    Posted to Economics on 12-29-2009
    Filed under: Gold, Economy, Stocks, stock market, NYSE, economic recovery, S&P 500, bear market, Hedge Funds, S&P 500 Index, stock bear market, Sprott Hedge Fund, Eric Sprott, New York Stock Exchage, Standard & Poor’s 500 Index, William Goetzmann
  • Australian Hedge Fund of the Year

    Australian Hedge Fund of the Year Fortune Capital Australian Hedge Fund of the Year The financial crisis kept most hedge funds from posting positive returns but Fortune Capital managed to have a positive return every month in 2008, earning the award of Australian Hedge Fund of this year. The following...
    Posted to HedgeFunds on 09-25-2009
    Filed under: hedge funds, Australian Hedge Fund, australian hedge fund of the year, fortune capital, Hedge Funds in Australia, australian investments
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