Europe Slides, Dimon Smacks Dodd-Frank, and a Hedgie Loves Greece
In the same week that summer decided to show up in New York, other corners of the financial world were heating up as well. Jamie Dimon got a grilling from the members of the House of Representatives after last week's Senate Banking Committee tongue bath. Meanwhile, hedge finds managers gathered in Monaco to comment on the continent's slide to oblivion, while one US hedge find manager is placing all of his bets on – Greece?! Advanced Trading serves up the hottest quotes of this week.
June 22, 2012
1. Stand and Deliver
As an industry ... we have to perform this year. So far, so good - we are in positive territory ... It is not the time to party, it is the time to show we can deliver.
— Anne-Sophie D'Andlau, co-founder of Paris-based hedge fund CIAM.