March 2, 2009

VIDEO: Ron Insana on the Hedge Fund Industry


More dire news?

VIDEO: Ron Insana on the Hedge Fund Industry

The CNBC news team and Ron Insana discuss the hedge fund industry's worst ever returns and the affect that the uncertainty of the President Obama's budget plan is having on the stock markets.

Background info:
source

The incredibly shrinking hedge fund industry continues apace [Feb 18: Bloomberg - Hedge Fund Assets Fall Below $1 Trillion; Consolidation Coming]

December was bad [Jan 18: FT.com - Hedge Fund Industry Lost 10% of Assets in December] It doesn't seem to matter if you are doing well or not [Nov 6, 2008: Even Hedge Funds Doing Well are Facing Redemptions] If you are not familiar with the hedge fund industry, the names in the article below are "brand name" quality; these are not TraderMarks $200M hedge fund...

Ron Insana discusses the state of the hedge fund business in the CNBC video below:













VIDEO: Ron Insana on the Hedge Fund Industry

Posted at March 2, 2009 2:22 PM
Comments