Sunday, August 12, 2007

IHT: 'Size doesn't keep Goldman fund from gyrating with market' -- Or is it, gyrating the market?

So, is it a fair question, if your portfolio was down last week, was it largely Goldman's hedge fund's selling to raise cash that did it for you? Presumably, anticipating big redemptions, with Global Alpha now down something like 33 percent, perhaps more, over last year and this YTD, and since there is now rather limited demand for subprime-"backed" debt, needing to sell genuinely marketable securities, down, down, we go.


Size doesn't keep Goldman fund from gyrating with market - International Herald Tribune

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