Tags: Banks, Barclays, Blackstone, Canary Wharf, CIT, Credit Suisse, D.C., Nobel, Oil, Politics, Real Estate, TV, UK
According to a new study, apparently the number of people snorting cocaine using our currency is on the rise. Traces of nose candy show up on around 90% of bills tested (95% in Washington D.C.!!!!), up from 67% two years ago. The least favorite bill denominations? The cheap seats and the expensive seats: $1 and $100 bills. The bills of choice: $5, $10 and $20. The results will be presented today at the American Chemical Society: Read the rest of this entry »
According to The Hill, Steve Cohen’s SAC Capital is looking to capitalize on D.C. political intelligence by forming an investment team that will make use of what they learn:
SAC Capital Advisors, the Stamford, Conn.-based fund run by billionaire trader Steven A. Cohen, talked to sources in the capital about setting aside up to $1 billion for the venture, a move that underscores the importance of Washington to Wall Street.
“It validates the idea that changes in the legislative and regulatory landscape can yield outsized investment opportunities when a legendary hedge-fund tycoon like Steve Cohen makes a decision to get involved,” said a top analyst in the political-intelligence business who has several hedge-fund clients.
Two employees of the notoriously secretive fund who have been spotted around town in recent weeks told sources that they had been sent to Washington to form relationships.
SAC Capital eyes D.C. move with $1 billion – The Hill
Tags: D.C., Politics, SAC Capital
The D.C. publication "The Hill" presents the men and women they have dubbed the "50 Most Beautiful People on Capital Hill".
50 Most Beautiful People on Capitol Hill – The Hill
Carlyle Group is hiring a global head of lobbying to help it navigate regulatory challenges, particularly in China. The firm also is creating a trade association with other private equity firms to help "educate" about what they do; last year a German politician unflatteringly compared the firms to "swarms of locusts"….
Cerberus, Elliott Associates, Moore Capital and Kynikos Associates have all jumped on board, hiring their own lobbying firms….
Cerberus Capital is the most recent hedge fund to find its way to Washington as a lobbyist following the news that Jim Chanos of Kynikos Associates was forming the Coalition of Private Investment Companies, a lobby group that he will lead.
Cerberus Becomes Lobbyist as Hedge-Fund Oversight Grows – Dealbook
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