Obama loves hedge funds

June 17, 2009

Matthew GoldsteinThe big winner in the Obama administration’s financial regulatory reform package is the beaten-up hedge fund industry.

BofA and the fraudster

June 11, 2009

Ken Lewis spent much of the day on Capitol Hill getting grilled about Bank of America’s acquisition of Merrill Lynch during the heat of the financial crisis. But Lewis may have bigger things to worry about down the road, as his bank’s past dealings with a hedge fund fraudster just won’t go away.

Drowning Hedgies

June 5, 2009

May was the best month for hedge funds in nine years, with the average fund rising 5.2%, according to Hedge Fund Research. And for the year, HFR’s most broad-based hedge fund index is up 9.43%.