Category: Hedge Funds
By Larry Doyle on May 5, 2009 in Current Affairs, Economy, Hedge Funds, Obama Administration, Sense on Cents (Larry Doyle blog) | 68 Comments
(Bumped up from this afternoon.)
Kudos to Zero Hedge for posting this commentary written by hedge fund manager, Clifford S. Asness. Major kudos to Mr. Asness for having the heart and courage to stand up for capitalism and free market principles. Asness addresses the implications of President Obama’s browbeating hedge funds’ representation and management of client [...]
By Larry Doyle on Mar 24, 2009 in American Consumers, Banking Institutions, Credit Card Companies, Economy, Hedge Funds, Insurance Policies & Industry, Sense on Cents (Larry Doyle blog), Wall Street | 26 Comments
I have written at length about the problems within the banking, insurance, hedge fund, and consumer finance industries over the last 6 months. While the bulk of the media focus has been on the banking industry - and primarily the large money center banks - the erosion in asset values at these other financial companies [...]
By Larry Doyle on Mar 19, 2009 in American Consumers, Banking Institutions, Commerce, Credit Risk, Current Affairs, Economic Stimulus, Economy, Employment, Equity Markets, Hedge Funds, Sense on Cents (Larry Doyle blog), Wall Street | 6 Comments
***Cross-posted from my blog, Sense on Cents. Come by and visit!
A precursor to the turmoil roiling our economy and markets today occurred on a smaller, but certainly very dramatic, scale in 1998. The meltdown of the hedge fund Long Term Capital Management brought the market to its knees at the time. LTCM was effectively taken [...]
By Larry Doyle on Mar 19, 2009 in American Consumers, Bank Bailouts, Banking Institutions, Barack Obama, Ben Bernanke, Economy, Hedge Funds, Insurance Policies & Industry, Nancy Pelosi, Obama Administration, Sense on Cents (Larry Doyle blog), Wall Street | 34 Comments
The kangaroo court on Capitol Hill just passed a bill to tax bonus payments at a 90% rate for employees (with family incomes in excess of $250,000) of AIG and other firms that received $5 billion or more in government bailouts. In my opinion, this piece of legislation is a poorly constructed means of [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | 13 Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February:
Let’s review my specific projections from the January 2009 Recap:
By Larry Doyle on Dec 27, 2008 in American Consumers, Auto Industry, Banking Institutions, Barack Obama, Current Affairs, Economic Stimulus, Economy, Hedge Funds, Home Loan, Housing & Housing Crisis, Obama Administration, Obama's Cabinet | 96 Comments
(bumped up from Friday afternoon by Susan - GO, LD!)
In the spirit of traveling to be with loved ones for the holidays, I thought it may be appropriate to launch our second trip from LD’s Dollars and Sense “Central Station.”
Our maiden voyage on December 19th was, from all reports, a resounding success.
We [...]
By Uppity Woman on Oct 23, 2008 in Barack Obama, Campaign promises, Chicago politics, Economy, George Soros, Hedge Funds, John McCain, Lobbyists, Obamatopia, Tony Rezko | 109 Comments
Yet Another Barack Obama Baloney Alert!
Barack Obama had the Audacity Of Mendacity to pimp this brazen lie today. Lucky for him, his ears don’t grow every time he lies:
“Let’s be clear who John McCain is fighting for — he’s not fighting for Joe the Plumber, he’s fighting for Joe the Hedge Fund Manager,”
Increasingly arrogant because [...]