Saturday, 18 April 2015
Last updated 57 min ago
Feb 22 2007 | 10:53am ET
The European Union’s economic and monetary affairs commissioner today threw his support behind the German-led G7 initiative to better understand the risks hedge funds pose to the world financial system.
“I believe it is the right decision to discuss at the EU and global level the potential associated risks,” Joaquin Almunia told a financial conference in Brussels.
His counterpart, EU Financial Services Commissioner Charlie McCreevy—under whose purview hedge funds actually fall—has to date refrained from siding with the Germans, arguing there’s no need for “heavy-handed regulation.”
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…