Another reason to hate hedge funds…
Hating hedge funds has become easy. First we had the credit crisis, then we had the insider tradingscandals, now we have lending money to those who can’t afford their legal bills. Click here to Read It is clear to me that hedge funds are destined to be the punching bag for everyone for the time being. The industry just can’t get out of its own way. It is almost laughable. You would think that all these so-called “Wizards of Wall Street” would take some of their wealth and spend it on a p.r. campaign to get them out of the muck. One thing is for sure, the continued appearance of […]
Insider trading hits the hedge fund industry… again
It is really sad that the hedge fundindustry has been once again hit by news of insider trading. Click here to read a story. However, these sorts of charges and investigations have become common place in the hedge fund industry and all around Wall Street in the wake of the Madoff scandal and credit crisis. It seems that every day another scandal of sorts hits the Street. Hedge funds for some reason seem to always be caught in the web of these nefarious acts. I for one, am sick and tired of this sort of news. If it is true, those at fault should be prosecuted to the full extent […]