i know that investment banks and private equities are the ones that are receiving help from the government, but those troubled assets guaranteed by the government are being sold to hedge funds. And some of those Hedge funds were the ones speculating on subprime mortgages that led to the burst of the bubble.
How the mighty have fallen. This was the calm before the storm.
Nuanceqwest 2 years ago
i know that investment banks and private equities are the ones that are receiving help from the government, but those troubled assets guaranteed by the government are being sold to hedge funds. And some of those Hedge funds were the ones speculating on subprime mortgages that led to the burst of the bubble.
ambisean 2 years ago
you are confused.
You are confusing hedge funds with investment banks.
Really lame how uneducated people demonize hedge funds for actions taken by investment banks.
observer855 2 years ago
the Hedge fund Awards : brought to you by the Federal Reserve and the Department of Treasury, also sponsored by the american Taxpayer
ambisean 3 years ago