That is why pension funds, which have a long-term interest in a growing and prospering economy, are foolish to finance hedge funds in betting against the economy.
An analyst at one big investment bank reckons that, since August last year, the amount of finance it provides to hedge funds has fallen by 90%.
They're very worried in particular about hedge funds and indeed the Italian Finance Minister was talking about banning them all together, and they're worried about off-shore markets.
This covers a host of businesses that provide steady income and are not too capital-intensive, such as corporate cash management, foreign exchange, trade finance, global custody and hedge-fund administration.
Bundlers in the finance sector can include CEOs and hedge fund managers.
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We included only contributions from commercial banks, the securities and investment industry (which includes private equity companies, hedge funds and venture capital firms) and finance and credit card companies.
Some fund managers also worry that banks they sue will restrict their allocation of bonds in future offerings, while hedge funds fret that their prime brokers will close off finance to them, says David Grais, a lawyer who works with aggrieved investors.
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Then there are David Harrold and Bruce Prevost, who set up Palm Beach Finance Partners in 2002 and marketed it as a hedge fund to provide financing of brand-name products to retailers.
Then there are David Harrold and Bruce Prevost, who set up Palm Beach Finance Partners in 2002 and marketed it as a hedge fund to provide financing of brand-name products to investment-grade retailers.
Other than the economic condition of the U.S., finance ministers at the G7 meeting will discuss capital markets, hedge funds and how to jumpstart the stalled Doha round of trade negotiations.
The finance ministry has barred individuals, non-financial companies and foreign hedge funds, among others, from buying its new bonds.
Only last autumn, the Fed had to save world finance by masterminding the rescue of Long-Term Capital Management, a hedge fund, and cutting interest rates three times.
But some of the buyers of those securities (hedge funds, conduits and structured investment vehicles) were ultimately dependent on the banks for finance.
Senor and Singer give appropriate credit to the reforms (like eliminating a ban on performance fees for hedge funds) initiated by Benjamin Netanyahu, now the prime minister, when he ran the finance ministry.
Finance jobs are typically associated with white-shoe investment banks or the opaque world of hedge funds.
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The investor may be employing the three-way spread to take finance an outright bearish view on the stock, or could be using the trade to hedge a long position in the underlying shares.
Meanwhile, finance ministers in the European Union gave their blessing to proposed regulations that would curtail the activities of hedge funds and private-equity firms.
Even if hedge funds had the appetite for such a battle, banks are much less willing than they were last year to finance them.
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