Hedge Funds
Fuel hedges are costly gamble for Asian airlines
SINGAPORE (Reuters) - Asia-Pacific airlines have clipped their fuel hedges to save on steep premium costs as oil slid to three-month lows, but they need to keep a consistent ratio to safeguard against volatile price swings. Full Article
Hedge funds expand role as small business lender
CHICAGO (Reuters) - Hedge funds are known for playing many roles on Wall Street, but last-resort lender to small businesses that are turned down by banks is hardly one of them. Full Article
We're hopeful that this settlement sends a very compelling message that others should follow Citigroup's example and do the right thing.
- Connecticut attorney general Richard Blumenthal, on Citigroup's move to to buy back more than $7 billion of illiquid auction-rate securities
What's next?
The credit crisis hammered the global banking system and squeezed lending everywhere, initiating a sharp slowing of the world economy. In this special package, Reuters looks at the crisis and asks, what's next? Full Coverage | Video
