After Private Equity, Hedge Funds Are Next

Summary


NO SOONER was fox hunting up before the beaks than those who pursued fishing and shooting started to become distinctly nervous. Same with smoking.

Once that goes, alcohol will be next (indeed, the doctors are already champing at the bit).

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Extract


After Private Equity, Hedge Funds Are Next

So it is in finance. At present, it's the private-equity boys who are taking the rap. Such is the heat they're under that they've taken to arguing among themselves.

Incredibly, gi...

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