Unafraid In Greenwich Connecticut
Hedge Funds, Tarp Funds, Chrysler bailout, Buyout
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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