Germany May Find Relief From Locusts

Dec 11 2006 | 9:58am ET

Germany, whose vice chancellor famously tarred hedge funds as locusts, may be closer to winning some sort of international pest control.

The U.S. Treasury secretary, Hank Paulson, and British chancellor, Gordon Brown, are supporting German Finance Minister Peer Steinbrück’s plan to seek tighter controls on hedge funds next year, when Germany holds the presidency of the Group of Eight industrial nations, the Handelsblatt newspaper reports. His deputy, Thomas Mirow, will be in Washington this week to hammer out details with Paulson.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…