Outsourcing the Corn Lobby to the Hedge Fund Industry
May 30, 2007
Michael Giberson Felix Salmon writes that “It’s Time for Political Event Swaps.” Why? Well, he says, “companies with political-event risk get to hedge it, while hedge funds and other investors get to invest in an asset which is completely uncorrelated with anything else.” If you’ve been keeping up with your financial econ studies, you know … More Outsourcing the Corn Lobby to the Hedge Fund Industry … More Outsourcing the Corn Lobby to the Hedge Fund Industry