• France

    Sarkozy’s Naked Truth

    British Prime Minister Gordon Brown and President o’ France Nicolas Sarkozy want the banks to have a frank discussion about their favorite sexual positions. Kidding, of course, but only about the sex; they really do want to get a candid dialogue going in the next couple weeks regarding how many billions of dollars in bad […]

    / Mar 25, 2008 at 12:33 PM
  • France

    Malchance Pour Oddo & Cie

    The troublesome US asset-backed insecurities market is mauvaises nouvelles for the French too, apparently. Oddo & Cie, a Paris-based money manager is closing three hedge funds worth 1bn Euros ($1.37bn) after losses on collateralized debt obligations, Bloomberg reports. The funds, which held 15% of investments in US CDOs, will be close in “the shortest possible […]

    / Jul 31, 2007 at 4:01 PM
  • Europe, European Union, France, Hedge Funds, politics, Private Equity

    French ‘Free Market’ President Elect Is No Friend Of Hedge Funds or Private Equity

    To understand French politics, it helps to forget most of what you know about American politics and everything you know about economics. In the United States, a “conservative” candidate described as supporting “free-market economics” might be expected to oppose regulations on hedge funds and private equity firms. Indeed, even the spendthrift Republican administration of George […]

    / May 7, 2007 at 12:40 PM
  • France

    Airbus Tail Spin

    There was a lot of Airbus action over the weekend. On Friday rumors began to circulate that Chief Executive Christian Streiff had resigned. This prompted a denial from an Airbus spokeswoman. But the rumors refused to die, in part because the spokesfolks at Airbus’s parent corporation, EADS, refused to comment. Now the French news service […]

    / Oct 9, 2006 at 10:30 AM

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