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

December 17, 2012 | About:
CanadianValue

CanadianValue

210 followers
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:

CanadianValue
http://valueinvestorcanada.blogspot.com/

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