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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.38+2.7%Nov 10 4:00 PM EST

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To: Rolla Coasta who wrote (39814)9/12/2008 1:06:57 AM
From: TobagoJack  Read Replies (1) of 217661
 
just in in-tray

From the NY Times:
Things could get worse. Some recruiters are keeping watch lists of troubled hedge funds. Heidrick & Struggle, a recruiting firm, has 100 hedge funds on its watch list and expects 50 to 80 to fail in the coming months, said Tim Holt, the partner who oversees the firm's Wall Street recruiting.

Just curious as these firms close and others see redemptions, where will the money be recycled going forward?
Cash? Private Equity? Real Estate?
I presume this is just more fuel for the bear market in equity land.....

Mac
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