2011-01-14 — wsj.com
``Hedge funds scooped up shares of credit-card companies like big spenders on a shopping spree, making Visa Inc. and MasterCard Inc. among the most popular hedge-fund trades. The bets paid off for a while. But when bad news hit in May, many funds—including 10 hedge funds run by investors connected to the well-known Tiger Management LLC—rushed for the exits, together. Shares plunged. Hedge funds are crowding into more of the same trades these days, amplifying market swings during crises and unnerving investors. ''
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