Value Discipline: The Sub-Prime Crisis and the Hedge Fund Collapse
Read the full article at: http://valuediscipline.blogspot.com/2007/09/sub-prime-crisis-and-hedge-fund.html
(via valuediscipline.blogspot.com)
Excerpt: "What is sometimes missed is how verklempt the financial world got in August. A wave of deleveraging of hedge funds ensued which resulted in some very strange occurrences, namely cheap stocks, or value stocks, got pummeled..."
