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Tag Archives: St. Paul Trevelers

One Man's Trouble…

Is another’s opportunity! Yesterday, rumors rippled through Wall Street that a couple of hedge funds had run into financial difficulty. Ain’t that a shame?
Hedge funds, with their testosterone-crazed kid managers and ridiculously overindebted balance sheets, have caused a lot of unnecessary volatility in financial markets over the past few years. If a handful of them blow up, it’s all to the good, I say.

One Man’s Trouble…

Is another’s opportunity! Yesterday, rumors rippled through Wall Street that a couple of hedge funds had run into financial difficulty. Ain’t that a shame?
Hedge funds, with their testosterone-crazed kid managers and ridiculously overindebted balance sheets, have caused a lot of unnecessary volatility in financial markets over the past few years. If a handful of them blow up, it’s all to the good, I say.