Hedge funds slam Washington: Obama a ‘disaster,’ says exec
By Lawrence Delevingne
Tue May 1, 2012
Canyon, Blackstone GSO, MFA, SkyBridge weigh in on politics and the economy at Milken.
LOS ANGELES -- It's no secret that many in the hedge fund
industry are bearish on Washington's ability to fix the
economy-or much else-but public comments made at the Milken
Institute's Global Conference today were especially
Scaramucci (Photo: Bloomberg)
Anthony Scaramucci, managing partner of fund of funds
SkyBridge Capital, was particularly critical of Barack Obama,
saying "the president is a disaster" during a panel discussion
entitled "Dear Washington, Please Make Government Work Again.
Scaramucci, who famously asked Obama in 2010 to stop
"whacking" Wall Street like a "pinata", said the president has
an unhealthy affection for socialism. "He believes in society
with a bigger federal government," said Scaramucci,...
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