Another day, another hedge fund, or, in this case, more than a dozen hedge funds that are involved in the insider trading scandal. The news seems quite bleak. It appears that these so-called Wizards of Wall Street are nothing more then a bunch of people who play a very expensive game of telephone.And while one, two, a dozen bad apples might not ruin a crop, or the industry – friends, this continued negative news about alternative investmentmanagers is not good. The madness needs to end.
Read the latest on the scandal here.
THINGS THAT DRIVE ME CRAZY:
Two words – Insider Trading