2011-07-11hedgeweek.com

``"We believe that no single hedge fund firm today is sufficiently large, leveraged, complex or interconnected that its failure or financial stress would cause a market disruption sufficient to destabilise the financial system," says AIMA Chairman Todd Groome'' -- This is refreshing. Note that this perspective means the hedgies don't expect backstops.



Comments: Be the first to add a comment

add a comment | go to forum thread