Transcript: Ted Seides
Barry Ritholtz
AUGUST 15, 2023
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. And what’s their budget like a fraction of it, right? SEIDES: No, you’re right about the securities. RITHOLTZ: And that was problematic. RITHOLTZ: Right.
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