An Obscure Hedge Fund Is Buying Tens of Billions of Dollars of U.S. Treasurys

[mahatmakanejeeves]

Last edited Wed Sep 9, 2015, 02:30 PM - Edit history (1)

ETA: duplicate thread. There was one yesterday. This was front page news on The WSJ. at the Newseum this morning.

An Obscure Hedge Fund Is Buying Tens of Billions of Dollars of U.S. Treasurys

Rats, paywall.

Element Capital has been biggest purchaser in several recent auctions

By Carolyn Cui and Gregory Zuckerman
@GZuckerman
[e-mail]

Updated Sept. 8, 2015 3:38 p.m. ET

A little-known New York hedge fund run by a former Yale University math whiz has been buying tens of billions of dollars of U.S. Treasury debt at recent auctions, drawing attention from the Treasury Department and Wall Street.

Element Capital Management LLC, led by trader Jeffrey Talpins, has been the largest purchaser in dozens of government-bond auctions over the past 10 months, people familiar with the matter said. The buying is part of an apparent effort by the fund to use borrowed money to exploit small...

[PoliticAverse]

1. To bypaass the paywall...

Use this google search and click on the first link returned:
https://www.google.com/#q=An+Obscure+Hedge+Fund+Is+Buying+Tens+of+Billions+of+Dollars+of+U.S.+Treasurys

[ProgressiveEconomist]

2. Didn't work--but this URL did

http://www.google.com/search?q=An+Obscure+Hedge+Fund+Is+Buying+Tens+of+Billions+of+Dollars+of+U.S.+Treasuries

[Lucky Luciano]

3. I posted this in Economy yesterday.

I know Jeff Talpins...a total douchenozzle.

http://www.democraticunderground.com/111671515