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Since: Jun 12, 2007 Posts: 979
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(Msg. 1) Posted: Mon Sep 10, 2007 2:18 pm
Post subject: Hedge Fund Managers to March on DC Archived from groups: rec>boats (more info?)
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Hedge Fund Managers March on Washington
Largest Chauffeur-Driven Protest in Capital’s History
Demanding further intervention from the Federal Reserve to protect their
endangered fortunes, thousands of the nation’s leading hedge fund
managers marched on Washington today.
Dubbed “The Million Mercedes March,” the protest was said to be the
largest chauffeur-driven demonstration in the capital’s history.
Limousines started jamming the streets of Washington at approximately
ten in the morning as irate hedge fund owners converged in front of the
Federal Reserve building to demand stronger action to protect their
imperiled riches.
Chanting “No Rate Cut, No Peace,” the furious money managers were
pepper-sprayed by police as their protest threatened to take a violent turn.
Tracy Klujian, a hedge fund manager from Greenwich, Connecticut, said
that simmering anger in the hedge fund community was “a powder keg”
waiting to explode.
“We have yet to see the ripple effects of this crisis,” Mr. Klujian
said. “When these guys have to freeze their trophy wives’ shopping
allowances, there’s going to be hell to pay.”
Mr. Klujian’s words seemed almost prophetic as a mob of angry trophy
wives looted a Ralph Lauren boutique in East Hampton, New York later in
the day, stripping the establishment of its entire fall collection.
If the Fed fails to intervene, Mr. Klujian warned, an ugly situation
among the nation’s wealthiest money managers will only get uglier.
“A lot of these guys are mad as hell right now,” he said. “But wait
until they’re down to their last billion.”
Elsewhere, FEMA announced that it would commemorate the second
anniversary of Hurricane Katrina by returning phone calls from 2005.
From Andy Borowitz. >> Stay informed about: Hedge Fund Managers to March on DC |
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Since: Feb 21, 2005 Posts: 113
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(Msg. 2) Posted: Mon Sep 10, 2007 4:18 pm
Post subject: Re: Hedge Fund Managers to March on DC [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)
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"HK" <psyrt33859.DeleteThis@mypacks.net> wrote in message
news:FJ-dnSSAlN75F3jbnZ2dnUVZ_saknZ2d@comcast.com...
> Hedge Fund Managers March on Washington
> Largest Chauffeur-Driven Protest in Capital’s History
>
> Demanding further intervention from the Federal Reserve to protect their
> endangered fortunes, thousands of the nation’s leading hedge fund managers
> marched on Washington today.
>
> Dubbed “The Million Mercedes March,” the protest was said to be the
> largest chauffeur-driven demonstration in the capital’s history.
Well Harold, to counter this why don't you organize the "Gazillion Gasbags
Goose-step?" With your PR expertise and Yale connections, it should be a
piece of cake! >> Stay informed about: Hedge Fund Managers to March on DC |
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Since: Jan 26, 2006 Posts: 2304
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(Msg. 3) Posted: Wed Sep 12, 2007 10:51 pm
Post subject: Re: Hedge Fund Managers to March on DC [Login to view extended thread Info.] Archived from groups: per prev. post (more info?)
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