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Cramer:- 50% of Hedge funds will be gone in weeks!
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Re: Cramer:- 50% of Hedge funds will be gone in weeks!
Mega,
You might want to edit your headline.
It is half of the hedge funds that specialized in fixed income via MBS/CDOs a la Bear Stearns which will be gone by the end of the year, not 50% of all hedge funds.
Again Cramer stating the obvious - the fixed income gravy train is over and those who took the easy money will pay.
Speed of payment dependent on amount of leverage.
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Re: Cramer:- 50% of Hedge funds will be gone in weeks!
Originally posted by c1ue View PostMega,
You might want to edit your headline.
It is half of the hedge funds that specialized in fixed income via MBS/CDOs a la Bear Stearns ... not 50% of all hedge funds...Finster
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