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Technology Stocks : The New (Profitable) Ramtron

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From: jimtracker1	10/29/2008 1:10:14 PM
	of 647

Soros: Many Hedge Funds Doomed Tuesday, October 28, 2008 3:52 PM Article Font Size Billionaire U.S. investor George Soros expects the global financial crisis to reduce the hedge fund industry to as little as one-third of its current size, he said Tuesday. "The hedge fund industry is going to move through a shakeout," Soros said in a speech at the Massachusetts Institute of Technology in Cambridge, Massachusetts. "In my estimation (the industry) will be reduced in size by anywhere between half and two thirds." Soros, chairman of Soros Fund Management, was one of the world's first hedge-fund managers and remains one of its best known. © 2008 Reuters. All rights reserved

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