Friday, July 15, 2005

Will Hedge Funds be Blamed?

Are hedge funds starting to get set up to be the target of the inevitable blame game? After all, we can't blame the Chinese because we depend on them to finance our debt-based life-styles. Can't blame the current Administration because that is not "politically correct" and besides, we're in a war. Can't blame Greenspan because he's been talking out both sides of his mouth about the bubble and is ready with the "well, I told you so". Hedge funds. Yeah, that's it. No one likes hedge funds; they short markets.

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