New Exhibit About Banks Show Hedge Fund Commonality
by Staff Writer on May 23, 2012
A New York City museum’s new exhibit about the history of commercial banking shows some of its similarities to the history of hedge funds. The Museum of the City of New York on Tuesday unveiled “Capital of Capital: New York City Banks and the Creation of a Global Economy.” It shows that the first U.S. bank, The Bank of New York, was created in 1784 and how banks over time were subjected to regulations much like hedge funds.
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