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Hedge Funds Turn Bullish on Lobbying

As Congress ponders new taxes, regulations, industry opens wallet

By Kevin Spak,  Newser Staff

Posted Jul 8, 2008 4:40 PM CDT

(Newser) – The hedge-fund industry is stepping up its lobbying efforts, Politico reports, having belatedly realized how tempting a target it presents to cash-strapped politicians. Facing attacks from both sides of the aisle for their tax-free offshore accounts and lightly taxed incomes, hedge funds upped lobbying spending...   Read full story »

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