Remove Accounting Remove Credit Risk Remove Math Remove Tax Planning
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Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. It’s part of their own tax planning. RITHOLTZ: I love this quote from a piece you wrote about risk. SEIDES: No, you’re right about the securities.