Reuters Summit: Gates May Have Hurt More Than Helped Hedge Funds
Daily News; White Plains › March 27, 2009
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Summary
NEW YORK (Reuters) - Lawyers who helped create provisions to prevent a run on hedge funds' portfolios may have done more harm than good, a prominent industry veteran said.
"There are some things we did as lawyers that exacerbated the problem," said Paul Roth, a leading hedge fund attorney, referring to last year's liquidity crisis in the loosely regulated industry.See the full content of this document
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Reuters Summit: Gates May Have Hurt More Than Helped Hedge Funds
Like other investors, thousands of hedge fund managers fell victim to tumbling markets in late 200...
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