Hedge fund
Emails Give Glimpse Into Deals That Fueled Financial Meltdown
By Jesse Eisinger and Jake Bernstein: As ProPublica has been detailing for two years, Wall Street banks and the hedge fund Magnetar worked together to build mortgage-backed deals that the hedge fund also bet against. The more than $40 billion of deals helped fuel the crash of ...read more
The Difference Between Running a Business and Running a Country
This argument deserves to be made over and over again to counter the ridiculous assumption that being successful in business means you know how to run an economy. Here's Obama on the difference: When some people question why I would challenge his Bain record, the point I’ve made ...read more