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Hedge Funds in Hot Seat After Market Plunge

Plunging stock prices, redemptions coincide to deal industry a one-two punch

By Clay Dillow, Newser Staff

Posted Sep 30, 2008 10:19 AM CDT

(Newser) – At a time when markets need their money more than ever, the $2-trillion hedge fund industry could fall victim to bad timing, as yesterday's plunge coincides with today’s deadline for many investors to withdraw before year’s end, the Wall Street Journal reports. Funds... Read full story »

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Hedge Funds in Hot Seat After Market Plunge

Plunging stock prices, redemptions coincide to deal industry a one-two punch

private equity • stock market • bailout • market turmoil • credit market chaos • hedge funds

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More Newser Stories

Hedges, Private Equity Funds to Invest in Bailout

TALF program could see very rich outfits get even richer

Hedge-Fund Exodus May Add to Woes

Deadline looms tomorrow for investors to bail from already-struggling market

Market Swings Too Wild Even for Big Traders

Attempting to buy or sell can send prices fluctuating wildly

Obama to Launch Radical Bank Reform

Changes will be the most ambitious since the Great Depression

Goldman Mulls Stock Offering to Repay Feds

Hopes to repay $10B government loan

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