I was expecting to wake up to reports of margin calls and freezing of fund withdrawls ... nothing but strong denials that they are liquidating funds.
_________________ "Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan "Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson “Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
Is there a list of them and thier portfolio size somewhere?
I'd be interested in that list as well. They are private and therefore not regulated like mutual funds, so I don't think anyone really knows the answer to those questions.
_________________ "Socialism only works in two places: Heaven where they don't need it and h*ll where they already have it." -- Ronald Reagan "Everybody, sooner or later, sits down to a banquet of consequences." -- Robert Louis Stevenson “Gold is money. Everything else is credit.” -J.P. Morgan, testifying to Congress in 1912
Someone running a pension fund must have a partial list.
It seems crazy to give some private guy you met at a bar 20 million dollars for his 'perpetual money makin machine'. Then you want your money back and its 'sorry fund frozen! monay machine broke down'
Most likely these guys find you. People with lots of money to invest are ez to find. Espcially bankers/pension fund managers.
Its so odd what has happened to the banking system. Yields were so low for so long thanks to greenscam that people resorted to investing in PRIVATE BANKS(hedge funds) to get better yeilds which of course negates FDIC and most gubbermint regulation protecting you.
Rotsa ruck with civil lawuits in the Cayman Islands.
RichardCWilson Dud?
Joined: 08 Feb 2008
Posts: 20
Location: Cambridge, MA
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