hedge funds

If you’re spending yet another day keeping an eye on falling stock markets and hoping against a catastrophic collapse of global markets by this afternoon, it’s helpful to follow Floyd Norris at the New York Times as he liveblogs the events.
For example, Norris points that some stocks actually are up today, among them MasterCard.
He doesn’t [...]

As the House debates the financial bailout bill today, the House oversight committee has set five hearings in October, each on a different aspect of the financial crisis. The announcement from Rep. Henry A. Waxman, (D-Calif.) chairman of the House oversight committee, is extraordinary because lawmakers were supposed to have left Washington a week ago [...]