Leverage Proves Fatal as the Credit Crunch Tightens
Oct 17th, 2008 | By Dan Amoss | Category: International, Macroeconomics
Congratulations on making it through yet another week of panic, margin calls, and forced selling! If you’re surviving, and you’re not down too much this year, you’re better off than most money managers.
Out of the thousands of hedge funds in existence, hundreds are closing up shop and liquidating, if the ...read more
