Markets nervous over rumors of hedge fund frailty

Posted by Larry on May 17th, 2005 filed in Rant

Can you see a Federal Bailout for these RICH investors in your future?

Jitters are growing in financial markets about the potential for failure of hedge funds, largely secretive and unregulated pools of capital, seven years after a spectacular collapse of one such fund.

Here is a more extensive description of what is actually going on.

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