The New York Times, The Wall Street Journal and every other major and most likely minor news organization were littered today with stories of a hedge fund manager pleading guilty to running a Ponzi scheme. Read the story here. Along with this piece of news, we also learned that Congress and the powers-that-be in Washington and around the country have geared up to finally pass some regulation that will according to them fix what ails the financial services industry here in the United States. Read the story here.
What does it all mean to hedge fund managers and investors? Well to find out the answers to this and other thought provoking questions about the future of the hedge fund industry, you need to take part in the HEDGEAnswers Conference Call on Tuesday at 10.00 am. Get in on the discussion. Register today!