A recent Forbes article rightly noted that when it comes to hedge funds, nobody on Wall Street 'wants to kill the golden goose.' But the near collapse and subsequent rescue of Long-Term Capital Management (LTCM) by the Federal Reserve has certainly brought the goose out of its secretive nest and into the prime time. Interest hasn't been so great since George Soros cleaned up on the UK pound.
Hedge funds are risky, virtually unregulated types of investment funds that cater ...