You May Not Want To ... But It Is Time to Hug a Hedgie
In addressing capitalism's critics, Sebastian Mallaby champions hedge funds as appealing alternatives to too-big-to-fail institutions.
Speaker: George Soros, Chairman, Soros Fund Management LLC; Author, The New Paradigm for Financial Markets: The Credit Crash of 2008 and What It Means
Presider: Sebastian Mallaby, Deputy Director of Studies, Director of the Maurice R. Greenberg Center for Geoeconomic Studies, and Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations
May 7, 2008
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In addressing capitalism's critics, Sebastian Mallaby champions hedge funds as appealing alternatives to too-big-to-fail institutions.
Sebastian Mallaby is unconvinced by the thesis of Jeff Madrick's Age of Greed, a history of American banking since the 1970s.
Sebastian Mallaby wants regulators to show more courage by demanding higher capital requirements for large banks.
CFR's Sebastian Mallaby argues that hedge funds are an important part of the global economy because they help regulate markets, but are...