The Mudcat Café TM
Thread #110010   Message #2304146
Posted By: GUEST,heric
01-Apr-08 - 11:10 PM
Thread Name: BS: Hedge Funds - our domestic enemy
Subject: RE: BS: Hedge Funds - our domestic enemy
The flip side of this, though, that the rich get poorer in a lot of cases, too. They sell, in some cases, such complicated products that even supposedly sophisticated buyers, such as pension fund managers and university trusts, get hit hard, clearly not understanding what they've bought. I'm sure many hedge funds got trashed in the Bear Stearns collapse. Probably a lot more than those that gained in this alleged collusion.