Hedge funds: the mysterious power pulling strings on Wall Street

Guardian – Hedge funds, those financial funds run by extraordinarily rich men, are going mainstream. Not content to be investments for just the super rich and super connected, they are starting to offer services to the average investor

A good example comes this week from hedge-fund manager Bill Ackman, who is famous on Wall Street but not yet a household name. He wants to start a small fund with a public listing to collect money from the public that he can then invest. 

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