Thursday, March 26, 2009

Hedgies are not dead .... not yet.

http://www.iimagazine.com/Alpha/Articles/2165684/TODAY/Brother,_Can_You_Spare_a_Billion?.html

Inspite of the stupendous losses that the markets have seen (a year of great learning as a colleague puts it) a few fund managers have made staggering amount of money. On average $474 million. Awesome. Someone should put out a number on funds that went down.

Mr Obama are we going to regulate this next?

Next story about their lifestyles? Voyeurism at its best.

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