Tuesday, July 31, 2007

Four US Senate Democrats wary on private equity tax

(Reuters) - Senate Banking Committee Chairman Christopher Dodd said in
a statement he is "concerned about the potential adverse
effects that these proposals would have on capital formation,
on job creation, and on institutional investors."




A Democratic presidential candidate who represents
Connecticut where many hedge funds are based, Dodd said he is
"not prepared to support any legislation before I have
thoroughly analyzed the full impact it is likely to have."


Read more at Reuters.com Government Filings News

No comments: