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If the Obama Administration plans and builds public-private-infrastructure financing institutions now, with an eye on the recession's aftermath, it might help mitigate the next bubble (green mutual funds, anyone?) before it inflates — or at least ensure that some portion of the next bubbly brew of global capital is invested in support of American productivity.
Index funds, anyone?
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"The Valley's new wisdom: don't fund anyone over 30" (newsweek.com).com
Sadly for soccer moms everywhere, a quick glance at eBay suggests that Quackers the Duck isn't funding anyone's retirement any time soon; most of the Beanie Babies are going for around five bucks a pop.
The optimistic attitude to starting up funds—virtually anyone can create a hedge fund in America almost overnight is followed by a legal sledgehammer when things go wrong.
The website arrestblair.org offers a bounty of about £2,150, or about a quarter of their total funds to anyone who can "arrest" him for crimes against peace.
Mr. Rangel, a New York Democrat, has said he did not seek funds from anyone with business before his committee and merely encouraged potential donors to meet with City College officials.
A plan to take the company public was hatched, in part because it was the only way to provide enough funds for anyone else to get out.
There is no suggestion anywhere that the hedge funds misled anyone about their business model and the values that drive their business.
Increasingly uncertain what was happening, the mayor appealed to banks and bond brokers, to leaders of the municipal unions who controlled pension funds, to anyone with big money to invest -- and then to Governor Carey and federal officials.
Tomorrow the Privy Council will lay before parliament a new terrorism order which will give the Treasury the power to stop funds reaching anyone in the UK suspected of planning terror or engagement with terror.
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