Hedge funds seemed unstoppable during the boom years, lavishing riches upon their investors and managers alike. Now that those riches are quickly disappearing, some analysts are blaming them for propagating the high-risk culture that led to the crisis on Wall Street. We try to shed some light on the... -
Hedge Fund Industry's Role in Wall St. Crisis
Hedge funds seemed unstoppable during the boom years, lavishing riches upon their investors and managers alike. Now that those riches are quickly disappearing, some analysts are blaming them for propagating the high-risk culture that led to the crisis on Wall Street. We try to shed some light on the...-
By Nancy Trejos