trader717

SEC Subpoenas More Than 50 Hedge Fund Advisors

Besides, don't people realize that the only hedge funds out there are not just stand alone firms, like Citadel, SAC, Och-Ziff, etc. All the banks have hedge funds, Goldman, Morgan Stanley, JPM, LEH, and of course Bear Sterns!! It would be interesting to see if any of Lehman's or Bear's internal hedge funds are/were long/short. I guarantee they were. All the firms do it, don't let BSC and LEH fool you because they happened to be the 2 banks with the most exposure to the sub-prime and general mortgage market, with high leverage, and are now paying or paid for it.