Cosa ci fanno gli ex-ministri tutti negli hedge funds ? - gz
By: GZ on Martedì 12 Giugno 2007 03:40
una volta gli "hedge funds" erano dei traders, speculatori anonimi con sede nelle isole vergini per non essere regolamentati e tassati che operavano su valute, borse, bonds e commodities, piu' rapidi e aggressivi dei soliti gestori di fondi che ti comprano un portafoglio di titoli e ci stanno seduti sopra
Oggi sono sempre non regolamentati, offshore e speculano su tutto in modo aggressivo, ma sono anche delle mega istituzioni finanziarie in cui siedono metà degli ex-ministri del mondo (senza contare che l'altra metà è o viene da Goldman Sachs)
WASHINGTON (AFP) - What do three former US Treasury secretaries, one time secretary of state Madeleine Albright, a former US ambassador to the United Nations and ex Spanish prime minister Jose Maria Aznar have in common?
They have all been recruited by powerful hedge funds or private equity firms since departing government, while Albright has opened her own hedge fund: Albright Capital Management.
The last three Treasury secretaries, including two who served President George W. Bush and one who held office in the Bill Clinton administration, have all been hired by hedge funds or investment groups.
John Snow was appointed chairman of Cerberus Capital Management in October months after departing the Treasury, joining a private equity firm that already counts former US vice president Dan Quayle on its payroll. The firm announced plans to buy the Chrysler Group from German's DaimlerChrysler.
The DE Shaw & Co. investment group hired Clinton-era Treasury chief Lawrence Summers late last year, while Snow's predecessor, Paul O'Neill, now advises the Blackstone Group private equity firm.
Blackstone said Monday that it had appointed former Canadian prime minister Brian Mulroney as a director as it readies for a partial initial public offering.
Unlike public corporations, hedge funds and private equity firms are lightly regulated in the United States and as such operate largely out of the public eye.
The London-based Centaurus Capital hedge fund said last week that it had hired former Spanish premier Jose Maria Aznar, ex-British finance minister Ken Clarke and renowned French economist Thierry de Montbrial.
Other former US officials who have joined the swelling ranks of private equity executives include the former US ambassador to the United Nations, Richard Holbrooke, who is a vice chairman of Perseus.