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Letter: Hedge Funds Race to the Bottom
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Anthony D'Amato
Published/Copyright:
June 18, 2008
Anthony D'Amato argues that hedge fund wizards will engage in a race to the bottom, accepting ever higher chances of going bust to pursue short run returns both to maximize their percentage take in good years and to attract more investment.
Published Online: 2008-6-18
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Letter
- Letter: Hedge Funds Race to the Bottom
- Letter: What Economists Can Contribute to the Global Warming Debate
- Letter: Baker's "Own to Rent" Proposal is Economically Inefficient
- Letter: Why Are Economists Indeed So Unscientific?
- Column
- Spence Christens a New Washington Consensus
- The Rush to Re-Regulate
- Securing the Means of Payment: The Ultimate Requisite of a Modern Economy
Articles in the same Issue
- Letter
- Letter: Hedge Funds Race to the Bottom
- Letter: What Economists Can Contribute to the Global Warming Debate
- Letter: Baker's "Own to Rent" Proposal is Economically Inefficient
- Letter: Why Are Economists Indeed So Unscientific?
- Column
- Spence Christens a New Washington Consensus
- The Rush to Re-Regulate
- Securing the Means of Payment: The Ultimate Requisite of a Modern Economy
