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 (4624) 

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:

Performances of the stocks mentioned by CanadianValue

User Generated Screeners

eae010Forward Growth Edited
bpatton23L/Cap value
AJPringAP screen102017 NO LOW
Nightdoc2Large Value
DBrizan2017 oct20CDN
DBrizan2017 oct20CDN dividend
althekearoct 17 user defined screen
althekearPE >50th percentile of INDUSTR
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)

GF Chat