administrator's blog

Jennifer Wenthen has been appointed Horizon's new Chief Financial Officer. Click here to learn more.

Horizon Cash Management enthusiastically embraces the Managed Funds Association’s (MFA) 2009 edition of Sound Practices for Hedge Funds, released earlier this week.

"Some of our biggest financial firms got away from their original purpose - to fund innovation and to finance the process of 'creative destruction,' whereby new technologies that improve people's lives replace old ones. Instead, too many banks got involved in exotic and incomprehensible financial innovations - to simply make money out of money - which ended up as 'destructive creation'.

- Jagdish Bhagwati, Professor of Economics at Columbia University

The latest issue of Basis Points, Horizon's monthly newsletter of tips and techniques to help improve your business life, is now available. To read this issue - themed "Optimism" - simply click here.

Nearly everyone agrees that the nation's current economic woes are exacerbated by the lack of free-flowing credit. A recent issue of the The McKinsey Quarterly reveals one way - other than nationalization - that U.S. banks can get rid of their "toxic assets" and resume more normative credit flows. Click here to read this fascinating article.