The Hedge Funds Weblog
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December 19, 2008
693 Hedge Funds go under in 2008
Filed under : Hedgetalk
Chicago-based information company hedge fund Research (HFR), said the number of hedge funds liquidated in the third quarter rose to 344, which is more than three times the 105 liquidations in the third quarter of 2007. It's also 77 more than the previous record of 267 liquidations in the fourth quarter of 2006.
CNN reported today that 693 hedge funds are known to have closed so far this year, 344 of those in the third quarter alone. Their estimate based on the present pace is that a total of 900+ hedge funds will have shut their doors when the year is through and the total tally becomes available.
HFR & CCN Report 693 Liquidated Hedge Funds this year
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2 Comments so far ...
I’d like to talk with you about an author guest on your blog. In return for hosting them on your blog, I would also promote your blog. Options include:
1 – Send interview questions for the author to answer (based on information from their blog, or questions about their writing or the topic of their book).
2 – Hosts may require a guest post – about their book, writing, the background or a topic in the book.
3 – Hosts sometimes want to post an excerpt from the book.
The guest author is Wade Slome author of How I Managed $20,000,000,000 by Age 32.
If you would be interested in interviewing Wade during his tour, or highlight him or his book in some other way, feel free to contact us – virtualblogtours@yahoo.com.
About Author Wade Slome:
Beginning mid January through mid February, Wade Slome, author of How I Managed $20,000,000,000 by Age 32 will tour cyber space. We all know that the financial markets are in uncharted territory at this time. That’s why people are looking for someone who understands what’s happening – to give you solid advice.
If you’d like more information, let me know.
Donna Sundblad
Comment on December 21, 2008 07:24 pmPromo 101 Virtual Blog Tour Coordinator
http://www.virtualblogtour.blogspot.com
When hedge funds and private equity firms are allowed to take over banks, we are definitely entering a very vulnerable zone. The regulatory authorities should exercise more caution as this should not disrupt the present edifice. I am not sounding to be pessimistic in this troubled times, but nevertheless the remedy should not be worse than the disease.
Comment on January 12, 2009 04:14 am