“Wealthy money managers bashed Federal Reserve Chairman Ben Bernanke’s easy money policies at a closely watched annual investment conference and charitable event on Wednesday. The Sohn Investment Conference, which raises money for pediatric cancer research, gets big name hedge fund managers to share their ‘best ideas’ with other wealthy investors. This year’s conference was sprinkled with criticisms of the Fed’s $85 billion in monthly purchases of Treasuries and mortgage securities in an attempt to stoke the economy.”
http://www.reuters.com/article/2013/05/08/us-funds-irasohn-fed-idUSBRE94714O20130508
Related posts:
Edward Snowden: NSA ‘in bed together with’ other Western states
Bill Gross: Central bank 'casinos' to run out of luck
Belarus: Loans return, but interest rates double to 65%
Bitcoin Crash Spurs Race to Create New Exchanges
French business leaders lash out at Francois Hollande
Rio police tear gas thousands at protest demanding health care and education
New $100 bill costs 60% more to produce
Another Swiss bank closes after US tax probe
Norway’s $810B Sovereign Wealth Fund Shuns Stocks on Reversal Bet
Gold Declines Trigger Brief Trading Halt
Neglect and decay threaten historic Algiers Kasbah
Litecoin Surpasses Billion Dollar Market Capitalization
Police Caught Planting Drugs In Small Business
Sydney Property Agency Accepts Bitcoin Payments to Woo Chinese
California bill requiring company boards to fill gender quotas passes senate