1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Articles (4617) 

Avenue Capital's Marc Lasry on Why the Hedge Fund Industry Abandoned Obama

December 17, 2012 | About:

Lasry is one of the few hedge fund managers who is still openly supporting Obama. In this interview he discusses what Obama did to alienate the industry:

- The industry grew tired of the Obama rhetoric on the financial industry.

- Thinks hedge fund managers would be willing to pay more in taxes if the money was used to reduce the deficit.

- Any "numbers guy" can see that taxes have to be raised.

- Does not think the increase in regulations since 2008 has been terribly restrictive.

About the author:


Rating: 2.9/5 (8 votes)


Please leave your comment:

GuruFocus Mobile App

User Generated Screeners

dgruensteinroe with dividends
carlos.g.alvesGraham Number (Defensive)
rael2222solo l'inizio 1
rael2222solo l'inizio
carlos.g.alvesNet-Net (Enterprising)
carlos.g.alvesLow TB Financials (Enterprisin

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)