[lit-ideas] Hedge Funds

  • From: "Andreas Ramos" <andreas@xxxxxxxxxxx>
  • To: "Lit-Ideas" <lit-ideas@xxxxxxxxxxxxx>
  • Date: Tue, 10 Oct 2006 11:10:38 -0700

An interesting article about hedge funds and the current international 
financial system.

A friend was working at Amaranth, the hedge fund that is the topic of this article. The fund blew up a few weeks ago and lost over five billion dollars in five days.

As if all the current crisis weren't enough, there is a real possibility now of a total collapse of the global fianancial system.

Luckily, we have W Bush in charge. He knows how to make decisions.



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