Samstag, 25. Oktober 2008

Hedge Funds eleminieren sich selbst

His views were echoed by Professor Nouriel Roubini, a former US Treasury and presidential adviser known for his accurate prediction of financial crises, who estimated that up to 500 hedge funds would fail within months.

Both men were speaking at the same hedge fund conference in London yesterday, and Prof Roubini said he would not be surprised if the US and other countries soon had to close their stock markets for more than a week to halt descent into „sheer panic“.

Quelle: GLG chief Emmanuel Roman warns thousands of hedge funds on brink of failure: financial crisis – Telegraph

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Labels: USA, Wirtschaft

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