One of the best ways to make money and reduce risk in today’s choppy market is through a classic hedge fund: one that bets on some stocks to go up and others to go down. Since January 2000, when the Dow peaked, hedge funds have risen 13% on average, while the typical stock has fallen 20%, reports Hennessee Group, a hedge-fund tracker
Tag Archives: funds
Cheating or Investing?
For the past couple of years, Preet Bharara, U.S. Attorney for the Southern District of New York, has been shaking the trees on Wall Street.
Affidavit: Madoff associates knew of scheme, joined anyway
Associates of convicted Wall Street swindler Bernard Madoff knew he was scamming his clients but joined in anyway because of the big money they could make, a securities investigator testified in a sworn affidavit for a Connecticut court.