Paul Singer
Paul Singer
Paul Elliott Singeris an American hedge fund manager, activist investor, and philanthropist. His hedge fund, Elliott Management Corporation—specializes in distressed debt acquisitions.:301 Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands-based offshore unit of Elliott Management Corporation. In 2015, Forbes rated Singer's net worth as $2.1 billion...
NationalityAmerican
ProfessionBusinessman
Date of Birth22 August 1944
CountryUnited States of America
banks customers including marked owns people properly sovereigns system
What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.
america barrier family freedom job provide
America is a place where the freedom to be who you are shouldn't be a barrier to your ability to get a job and provide for your family.
levels
Opacity on extreme levels is not addressed anywhere, including Dodd-Frank.
absolutely dollar
What would a loss of confidence in the dollar actually look like? Gold going absolutely nuts.
consistent fee given money structures typical
Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.
people
I know people who are always freeriders and will never get into a fight.
successful essence crafts
Successful hedge funds will be entrepreneurial; it is the essence of the craft.
earning resentment superiors
Resentment is not morally superior to earning money.
derivatives should trading
Derivatives trading should be standardized and as much as possible moved to clearinghouses.
passion law ideas
It is a very bad idea for governments to create arbitrary and unfair outcomes, or outcomes resulting from the passions and whims of the government rather than from the law, just because they have the power to do so.
block community building
The building block of every community is family.
lines bottom experiments
The bottom line is that the euro is a failed experiment.
way world stability
Stability is not the way of the world.
government opposition role
While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake.