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Hedge Funds

Hedge fund manager: Goodbye and get f—-d

Hedge fund manager Andrew Lahde spectacularly departed the industry last month after his one-year-old fund returned 866 per cent betting against the subprime collapse. The Californiabased manager’s “goodbye letter” blasted the industry for its greed and stupidity. The email has already been passed around more times than a credit default swap, but here are a […]
Hedge Funds

Hedge fund manager: Goodbye and get f—-d

Hedge fund manager Andrew Lahde spectacularly departed the industry last month after his one-year-old fund returned 866 per cent betting against the subprime collapse. The Californiabased manager’s “goodbye letter” blasted the industry for its greed and stupidity. The email has already been passed around more times than a credit default swap, but here are a […]