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The summer of 2012 marked 5 years since the slow onset of an economic crisis that first became known as the Credit Crunch and then the half decade that became known as the Great Recession.
At the time and over the last few years, Hedge Funds have received a large portion of the blame for the economic crash. They have often been portrayed as one of the main culprits responsible for causing the global financial crisis.
With the benefit and hindsight of recent history we can now look back with some perspective and see if the crisis really was the fault of the Hedge Fund Industry. Is there some basis to the claim that the industry was significantly responsible for the worst economic crash since the Great Depression; or were they merely a scapegoat for a seething public and outraged politicians and media?"
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