Saturday, 30 August 2014
Last updated 1 day ago
Aug 18 2008 | 6:57am ET
Hedge fund chieftain and Texas oilman T. Boone Pickens has crossed party lines for a chat with presidential frontrunner Sen. Barack Obama (D-Ill.).
The billionaire, recently seen on televisions across the country pushing his alternative energy plan, discussed energy policy with the Democratic nominee yesterday in Reno, Nev. Pickens, a lifelong Republican who funded the now infamous “Swift Boat” attack advertisements on Obama’s predecessor, Democratic White House hopeful Sen. John Kerry (D-Mass.), has already met with the Republican nominee, Sen. John McCain, on the energy issue.
Pickens, who is spending millions to make energy a major issue in the fall campaign, has not endorsed either candidate.
“I assured Senator Obama that this is a non-partisan campaign and that I will do everything in my power to work together with leaders who are willing to solve our immense energy problems,” Pickens said in a statement.
“It would be inappropriate for me to speak for Senator Obama. I have a real sense, however, that he was very engaged. He understands the issues and is interested and excited by the work we are doing.”
Pickens issued a similar statement after his sit-down with McCain. Both Obama and McCain have featured their commitment to a new energy policy in their campaign ads.
For his part, Obama said he was not concerned by Pickens’ swift-boating history.
“He’s got a lot longer track record than that,” he told reporters. “He’s a legendary entrepreneur, and, you know, one of the things that I think we have to unify the country around is having an intelligent energy policy.”
Pickens’ plan to reduce U.S. reliance on foreign oil includes a windfarm stretching from Canada to Mexico and using natural gas to power cars.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...