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Posts Tagged ‘hedge funds’

The EU and the Hedge Funds: regulation or the relinquishment of European sovereignty?

Posted by seumasach on November 22, 2010

Jean-Claude Paye


22nd November, 2010

In a blaze of publicity, the European Union has just adopted a regulatory code for hedge funds to manage the systemic risk that they impart to the general economy. In reality, observes Jean-Claude Paye, the new directive is a sieve which will have an effect contrary to that announced. Its real objective is to summarily control the European funds, while opening the door to U.S. funds which will be able to speculate without restriction at the expense of Europeans.

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’UE et les « hedge funds » : régulation ou abandon du territoire européen ?

Posted by seumasach on November 14, 2010

Jean-Claude Paye


12th November, 2010

A grand renfort de trompettes, l’Union européenne vient d’adopter une réglementation des hedge funds pour encadrer le risque systémique qu’ils font courir à l’économie. En réalité, observe Jean-Claude Paye, la nouvelle directive est une passoire qui aura un effet inverse à celui qui est annoncé. Son objectif réel est de contrôler sommairement les fonds européens, tout en ouvrant la porte aux fonds états-uniens qui, eux, pourront spéculer sans limite au détriment des Européens.

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Banks to seal control of media industry?

Posted by smeddum on September 22, 2009

A Curious Snag In Debt-For-Equity Restructurings As Goldman And JPM Do A Stealthy Roll Up Of The Media Industry

Submitted by Tyler Durden

09/20/2009 19:11 -0500


While most hedge funds traditionally have an on-shore and an off-shore investment vehicle, the bulk of investable capital is allocated to accounts domiciled in the Caymans, Bahamas, Isle of Man, or some other tax “friendly” country, as LPs are never too crazy about that little snag known as taxes, and offshoring provides some nice and useful alternatives to said snag. Distressed hedge funds, those that acquire either secured or unsecured debt with the hope of equitization, are no exception. Yet equitization by essentially foreign vehicles is starting to get some dirty looks by regulators, which limit “foreign” equity investments in traditionally American companies and sectors. Some developments in the upcoming restructurings of media companies may put a new wrinkle on what is promptly becoming the most prevalent and profitable means for hedge funds to invest capital (not by necessity but for the simple reason that if a sector is not too big to fail, it is likely failing massively). The case of Citadel Broadcasting, which Zero Hedge discussed recently as commentary highlighting the lunacy of the current investment climate, is just such an example. Read the rest of this entry »

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George Soros and Hedge Funds are Grabbing Farmland from Starving Farmers

Posted by seumasach on February 4, 2009

February 3, 2009 (LPAC)– Whereas nations lacking sufficient farmland might have a legitimate interest in developing agriculture elsewhere, things stand differently for private players such as George Soros and hedge funds. The latter are getting hold of vast territories of Kazakhstan, Sudan, Uganda, Indonesia, Madagascar, and even of starving Ethiopia, since most of these countries are hopelessly bankrupt and eager to get cash, wrote France’s Nouvel Observateur weekly of Dec. 23, 2008. The “farmland rush” taking place on a world scale was denounced by FAO’s Director General Jacques Diouf as “agrarian neo-colonialism.”

Nouvel Observateur noted that George Soros’s former business partner and co-founder of Soros’s Quantum Fund, Jim Rogers, is encouraging investors to go for this land-grab policy. “George Soros is heavily implicated in bio-fuels and owns land in Argentina. But in the last couple of months, with the financial crash, it’s the rush. Deutsche Bank and Goldman Sachs have massively invested in Chinese meat farms. Morgan Stanley bought 40,000 hectares in Ukraine, nothing compared to the 300,000 ha bought by Renaissance Capital, a Russian hedge fund.”

Posted in Ecological and Public Health Crisis, Financial crisis | Tagged: , , , | 2 Comments »

Hedge funds and VW: what a pile up!

Posted by seumasach on October 29, 2008

Robert Peston

BBC Blogs

29th October, 2008

If ever there were a country and a people that signalled their distaste for hedge funds, private equity and the self-defined alternative investment industry, that country and people were Germany and the Germans.

A VW TiguanIt was this famous quote of April 2005 to the German popular newspaper, Bild, by the then Deputy Chancellor of Germany, Franz Munterfering, that didn’t exactly represent a “come-in-and-make-yourself-comfortable” message to the rocket scientists of financial services:

“Some financial investors spare no thought for the people whose jobs they destroy. They remain anonymous, have no face, fall like a plague of locusts over our companies, devour everything, then fly on to the next one.”

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Financial crisis: Hedge Fund turmoil is hitting millions of savers, experts say

Posted by seumasach on October 24, 2008


Harry Wallop


24th October, 2008

Though very few private investors have their money tied up in hedge funds, everyone who owns shares will be affected – including the estimated nine million people whose pensions are invested in the stock market.

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Parasites In “Sheer Panic” At London Hedge Fund Conference

Posted by seumasach on October 23, 2008

October 23, 2008 (LPAC)–“We’ve reached a situation of sheer panic,” Nouriel Roubini told the parasites assembled at the Hedge 2008 conference in London. “Hundreds of hedge funds are going to go bust.” “Don’t be surprised if policy makers need to close down markets for a week or two in coming days,” Roubini said.

“This will go down in the history books as one of the greatest fiascos of banking in 100 years,” said Emmanuel Roman, of hedge fund giant GLG Partners. “In a fairly Darwinian manner, many hedge funds will simply disappear,” he added. Read the rest of this entry »

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Jim Willie: The coming death of the Anglo-sphere

Posted by smeddum on October 20, 2008

Posted in Financial crisis, Multipolar world | Tagged: , , | Leave a Comment »

London Turns Against Hedge Funds in Hunt for Culprit

Posted by smeddum on September 25, 2008

London Turns Against Hedge Funds in Hunt for Culprit (Update1)
By Caroline Binham and Elisa Martinuzzi

Sept. 25 (Bloomberg) — London is turning against the $450 billion hedge-fund industry that helped make the city a contender for the title of world financial capital. Read the rest of this entry »

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Hedge funds could be next victim

Posted by smeddum on September 19, 2008

Hedge funds could be next victim Montreal Gazette


Friday, September 19, 2008

One wag at a financial conference here yesterday likened the current chaos in the markets to a TV reality show.

Working title: Survivor Wall Street.

Investors are wondering who will survive the brutal shakeout now under way and who will be voted down in the market panic that has spread over the last two weeks. Read the rest of this entry »

Posted in Financial crisis | Tagged: , | Leave a Comment »

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