Hedge Fund Managers Before Congress The highest paid profession in the world is that of hedge fund manager. Depending upon how good you manage the money, the average hedge fund charges its clients 2% per year on the money that it manages for expenses. On top of that, if there are gains in the portfolio [...]
Posts Tagged ‘congress’
July 2nd, 2010
Do we need a Financial Reform / Regulation Bill?
Secretary Timothy Geitner It’s a good question. The bill now pending before Congress is being called the Doo-Frank financial reform bill. My answer is we do, but first we should have taken a look at the players involved in the banking crisis to begin with, to see whether quoting the Marines, they could have been [...]
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