This just in – EU says “Hedge Funds Are Risky”

The European Union has come to the conclusion that hedge funds are risky according to a recent report by Reuters. Read it here. It turns out that the United Kingdom’s Financial Services Authority (FSA) has determined that even with new regulation and monitoring, hedge funds and those that manage them, still pose a significant risk […]

With Cabinet Secretaries Like These…

If the recent confirmation of Tim Geithner and the pending confirmation of Tom Daschle are not examples of inside baseball, I don’t know what is. Besides the fact that President Obama was elected on a platform of change and that he has named practically no one who doesn’t have a twenty-page Washington resume to any […]