Funny headline on Bloomberg this morning:
Paulson & Co. Plans Fund to Provide Capital to Banks
(Article: http://bloomberg.com/apps/news?pid=20601110&sid=aANbt26C4Kuk)
So, hedge funds, traditionally borrowers from banks, in the form of leverage as well as loans, are now turning the tables and providing capital!
Amazing world we live in.
Paulson & Co. Plans Fund to Provide Capital to Banks
(Article: http://bloomberg.com/apps/news?pid=20601110&sid=aANbt26C4Kuk)
So, hedge funds, traditionally borrowers from banks, in the form of leverage as well as loans, are now turning the tables and providing capital!
Amazing world we live in.
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