The Ponzi-hedge fund link

| 06/01/2009

(TIME): Bernard Madoff’s $50 billion Ponzi scheme continues to rock the financial world. But most hedge funds actually engage in similar — albeit legal — practices in the short run. In the past, these practices helped inflate their gains as well as hedge-fund managers’ salaries and bonuses, but recently they helped bring about the failure of many major hedge funds. Go to article

Print Friendly, PDF & Email

Category: Business

About the Author ()

Comments are closed.