3 ms·
While a cursory search appears to prove your point (given the constraint of "public funds"), the fed has bailed out hedge funds [1], I don't remember reading th
by lilott8 6y ago
While a cursory search appears to prove your point (given the constraint of "public funds"), the fed has bailed out hedge funds [1], I don't remember reading that all.
Probably the quietest "bailout" comes from Long Term Capital Management in 1998 was basically bailed out by banks at the urging of the feds[2].
It seems that most funds are left to die [3] (or, more alarmingly, dissolved at the hands at the SEC for insider trading (I'm sensing a trend...))
Perhaps, as "an exercise left to the user", I'll look more deeply at this matter; as it's quite interesting.
[1] https://www.nytimes.com/2020/07/23/business/economy/hedge-fund-bailout-dodd-frank.html https://www.nytimes.com/2020/07/23/business/economy/hedge-fu...
[2] https://en.wikipedia.org/wiki/Long-Term_Capital_Management https://en.wikipedia.org/wiki/Long-Term_Capital_Management
[3] https://www.investopedia.com/articles/investing/101515/3-biggest-hedge-fund-scandals.asp https://www.investopedia.com/articles/investing/101515/3-big...