THURSDAY NOVEMBER 13
Hedge Fund Industry Seen Shrinking Up To 50%

Dorothy Parker walks into a bar. Bartender asks: “What are you having?” Her response: “Not much fun.” Looks like global hedge funds can relate. Losing an estimated $100 billion in October as investors fanned the flames of redemptions, here’s your quick and dirty summation of the winners and the losers – and what lies ahead for those who’ve managed to keep themselves from getting bayoneted on the financial battlefield.

November 2008

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