Tuesday, July 21, 2009

Hedge funds raising new capital

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With improved performance and continued strong outperfomance against the equity markets (see Buffett's bet gone wrong ) hedge funds are...

CIT CDS still at distressed levels

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Following up on the post called CIT Lifeline Here is a quote from Reuters : The lender said it could file for bankruptcy if the offer do...
Monday, July 20, 2009

Asia, the next big bubble

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In a recent post called Pegged renminbi will be hard to internationalize , we discussed the issue China faces as it tries to maintain it...

Secondary hedge funds discount holding

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Secondary hedge fund transactions continue to be done at a discount. The levels are way above the lows of the crisis and have stabilized ...

CIT lifeline

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CIT is about to get a $3 billion lifeline from it's bondholders in the form of secured debt. This hurts the current secured debt holders...
Saturday, July 18, 2009

Of Goldman, bubbles, and hype

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If you haven't already read this widely distributed story on Goldman, it's worth a read, particularly on a Sunday night. It's ...
Friday, July 17, 2009

The $1.2 trillion healthcare reform bill derailed

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From the Washington Post : Under questioning by members of the Senate Budget Committee, Douglas Elmendorf, director of the nonpartisan Congr...

Beleaguered venture capital industry strikes back

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On July 15th Trevor Loy, who runs a $40 mm venture capital fund called Flywheel Ventures, testified before the Senate Banking Subcommittee...