Thursday, May 7, 2009

Hedge Funds Getting Bad Rap

Hedge Funds are being blamed for the automotive difficulties. This is ridiculous , as they are merely investors, just like any common shareholder would be. Sure, they might be "short" the stock, or hold more complex instruments than the average investor, but they should not be vilified for trying to make a profit from their stake.

After all, many "ordinary" investors have access to hedge funds, and may not know it. This could be thru an endowment, pension plan, or even some mutual funds.