Thursday, Mar 13, 2008
Don't worry we have a "stable" economy!!
FT: Credit squeeze hits three more hedge funds
Another three big hedge funds have been forced to close down or to suspend investor withdrawals as the credit squeeze persists. These are very tough times,” said Angelos Metaxa, a director of CM Advisors, a Geneva-based fund of hedge funds. “Anyone with significant amounts of leverage is going to be in trouble.”
Posted by who stole my pension? @ 06:16 AM (274 views) Add Comment
5 Comments
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1. Katfish said...
Carlyle's gone
2. This comment has been removed as it was found to be in breach of our Blog Policies.
3. japanese uncle said...
I have no sympahty for these vampires. All I ask of them is to go without making too big a mess, without spluttering its toxic guts and blood quite like the film 'Alien'.
4. inbreda said...
Bit of luck it will wipe out the finance industry in the tax haven channel islands.
5. Fed Up said...
good riddance, parasites the lot of them.