Monday, July 2, 2007
OK, that didn't take long
Horizon ABS fund, a hedge fund run by United Capital Markets Holdings Inc., is apparently halting redemptions. A common tactic by hedge funds to postpone their day of reckoning. I don't know why any high net worth individual with half a brain would give their money to one of these people. Oh yeah, I forgot, GREED.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment