Unlike banks, hedge funds have no cover or protection from the fed or the government. They can whine all they want, but there's no legal/governmental justification for any sort of bailout.
If these were 401k/IRA or similar institutional investors maybe, but these are just hedge funds.
Unlike banks, hedge funds have no cover or protection from the fed or the government. They can whine all they want, but there's no legal/governmental justification for any sort of bailout.
If these were 401k/IRA or similar institutional investors maybe, but these are just hedge funds.
Oh my sweet summer child...