Timing
is everything in hedge-fund land. The death of Osama bin Laden just
made President George W. Bush's appearance as keynote at next week's
SALT hedge-fund gathering in Sin City a much hotter ticket.
He isn't the first high-profile speaker to front the SkyBridge Alternatives Conference at the Bellagio hotel. President Bill Clinton did the honors last year. But, with Gen. Colin Powell also
slated to speak, the meeting could be particularly relevant for those
traders interested in today's fast-moving geopolitical
scene—particularly the Muslim world. After all, it was President Bush
who a decade ago famously launched the search for bin Laden "dead or
alive."
Having agreed to keep the speech somehow "off-the-record," we hear
the organizers are scrambling to renegotiate that what's said in Vegas
doesn't stay in Vegas.