Hedge Funds, Tarp Funds, Chrysler bailout, Buyout

Unafraid In Greenwich Connecticut

By Guest Column —— Bio and Archives--May 8, 2009

American Politics, News | Comments | Back To Full Article

Clifford S. Asness Managing and Founding Principal AQR Capital Management, LLC The President has just harshly castigated hedge fund managers for being unwilling to take his administration's bid for their Chrysler bonds. He called them “speculators” who were “refusing to sacrifice like everyone else” and who wanted “to hold out for the prospect of an unjustified taxpayer-funded bailout.”

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