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Risk DNA will not be produced from June 10th to June 12th.

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Senior Editor

 

Main News

 

Ratings Raised a Red Flag
Wall Street Journal - USA
Moody's also might have been seen as doubting its own ratings on subprime mortgages if the CDO group expressed doubts on mortgage-backed CDOs. ...

 

Paulson, Falcone Ease Pain of Losses for Hedge Funds (Update2)
Bloomberg.com Fri, 06 Jun 2008 3:43 PM PDT
Their profits have softened losses or increased gains for intermediaries known as funds of funds that have invested with the New York-based hedge-fund managers.

 

Hedge fund managers shy away from signing compliance code
Independent - London,England,UK
By Simon Evans Hedge funds have given a voluntary code for the industry a collective thumbs-down – not a single firm has signed up to the compliance ...

 

The world food crisis and the capitalist market
World Socialist Web Site - Oak Park,MI,USA
Food inflation in the country has reached 21 percent so far in 2008, according to China’s National Bureau of Statistics. Rice prices are reported to be ...

 

GSO Capital Partners, the $10bn (€6.4bn) New York-based hedge fund, is set to launch a credit investment division in ...
eFinancial News Fri, 06 Jun 2008 5:48 AM PDT
GSO Capital Partners, the $10bn (€6.4bn) New York-based hedge fund, is set to launch a credit investment division in Asia and has hired the head of JP Morgan’s leveraged finance team in the region to run the business.

 

A look behind the hedge fund curtain
Hedge World Fri, 06 Jun 2008 11:25 AM PDT
Mohamed El-Erian has a new book coming up this month. The veteran manager is well-known in the alternative investment community as the celebrated ex-president and chief executive of Harvard Management Company (HMC), the entity that manages Harvard’s endowment.

 

Some 1,100 hedge fund managers, other members of the UK's financial services industry and their guests defied the ...
eFinancial News Fri, 06 Jun 2008 1:48 AM PDT
Some 1,100 hedge fund managers, other members of the UK's financial services industry and their guests defied the economic downturn to give a collective £25m (€31m) to children's charity Ark last night, almost as much as last year.

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Yield Curve Corner

 

Dollar on recovery track in Asia ahead of US job data
Inquirer.net - Philippines
ECB president Jean-Claude Trichet issued the warning after US Federal Reserve chairman Ben Bernanke signalled that US rates might not be cut again in the ...

 

Ben, Can You Spare a Rate Cut?If jobs keep tanking, the Fed may cut 25 points.
http://online.barrons.com/article/SB121279300716653367.html?mod=djemWR

 

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Natural Disaster Corner

 

Climate Prediction  http://www.nws.noaa.gov/predictions.php

World Meterological Organization http://severe.worldweather.org/

Tornadoes: http://www.disastercenter.com/tornado.htm

Great Sat Pictures of events: http://www.osei.noaa.gov/Events/Current/SVRplainsUS158_G12.jpg

Man Group Invests in Weather
Hedge Fund Net - New York,NY,USA
by Paula Schaap, Reporter , June 6, 2008 UK-based hedge fund firm Man Group is taking a stake in an alternative investment manger whose portfolio includes ...
See all stories on this topic

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Iranian Situation and Other Man Made Disasters

 

Iran promises to help establish security in Iraq
Reuters via Yahoo! News Sun, 08 Jun 2008 8:30 AM PDT
Iran pledged on Sunday to help establish security in Iraq and visiting Iraqi Prime Minister Nuri al-Maliki vowed his country would not be used to harm Iran.

Iran sees oil at 150 dollars a barrel this summer
AFP via Yahoo! News Sun, 08 Jun 2008 10:28 AM PDT
The price of crude oil is set to rise even further to 150 dollars a barrel by the end of summer, Iran's representative to the OPEC oil cartel warned on Sunday.

 

Iran demands Security Council action on Israel threat
Reuters via Yahoo! News Sat, 07 Jun 2008 10:51 AM PDT
Iran demanded action from the U.N. Security Council about an Israeli threat to attack its nuclear sites if it continues uranium enrichment, according to a letter released on Saturday by Iranian U.N. Ambassador Mohammad Khazaee.

 

A Monument to an American's Selflessness in Iran
NPR Sat, 07 Jun 2008 7:17 AM PDT
The nomadic Bakhtiari tribe has named a mountain after Helen Jeffreys Bakhtiar to mark her public health work in Iran in the 1950s. It's a high honor for a woman born in Weiser, Idaho, at the start of the 20th century.

 

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Opalesque’s Corner

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Misc. Items of Interest

 

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Funnies, Facts, Quotes, etc….

 

minatory MIN-uh-tor-ee, adjective:

Threatening; menacing.

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Conference, Courses, Books, Papers

 

Great Research Sites:

 

Merrill Lynch research Link to full report including important disclosures see example

 

John Mauldin’s Weekly Analysis

 

James Altucher’s Website:

 

Other useful sites:

 

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Index Corner

 

The CSFB/Tremont Hedge Fund Index www.hedgeindex.com.

The Cogent Dynamic Averages http://www.cogenthedge.com/home/inv_strategy.asphttp://www.cogenthedge.com/home/inv_strategy.asp

The Dow Jones Indices: http://www.djhedgefundindexes.com/index.cfm?event=viewPremiumContent (free registration)

HFRX Indices https://www.hedgefundresearch.com/hfrx_reg/index.php?fuse=login&1170880431

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Regulatory Info

 

 

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Disclaimer

 

The information contained in this document does not constitute an offer or solicitation to sell any security or other type of vehicles to or by anyone in any jurisdictions, nor should it be regarded as a contractual document. Under no circumstances should the information provided on this document be considered as financial advice, or as a sufficient basis on which to make investment decisions. The information contained herein has been gathered by Investor DNA, LLC from sources deemed reliable as of the date of publication, but no warranty of accuracy or completeness is given. Investor DNA, LLC is not responsible for and provides no guarantee with respect to any of the information provided herein or through the use of any hypertext link. Past results are no indication of future performance. All information in this newsletter is for educational and informational purposes and does not constitute investment, legal, tax or accounting advice. All materials are the property of the respective publishers, as referenced by header and appropriate hypertext links.