Marketplace- Several multibillion-dollar hedge funds have disappeared in the past couple of weeks, without benefit of a bailout from the Federal Reserve or JPMorgan. Analysts say dozens more could be looking at the same fate.
Bear Stearns is probably the best known casualty of the credit crisis. But in the past couple of weeks…half a dozen hedge funds have gone down the same path…without benefit of a bailout from the Federal Reserve or JP Morgan.
Multi-billion dollar funds like Peloton and Carlysle Capital have disappeared in not much more than a puff of smoke. And analysts say dozens more could be looking at the same fate.
