From the Wall Street Journal:
Hedge Funds Are Piqued by White House
Managers Go Public Following Rebuke; Less Likely to Help?
Mr. Asness’s remarks capture what many fund managers say they feel but would never say publicly: They have been disappointed by the Obama administration, left detached from a leader to whose party they gave 70% of their overall campaign donations during the 2008 election, according to data compiled by the Center for Responsive Politics. That has made them say they are less willing to support government initiatives aimed at luring private capital back into the economy.
The effort by hedge funds to be heard was on display Friday in Washington, when the Managed Funds Association and the Coalition of Private Investment Companies, the two biggest U.S. hedge-fund lobbying groups, were among those who met with Treasury Secretary Timothy Geithner to talk about financial regulation, according to people familiar with the meeting.
Archein