Transcript: Ted Seides
Barry Ritholtz
AUGUST 15, 2023
SEIDES: No, you’re right about the securities. 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. SEIDES: It wasn’t a question of security prices going down, it’s a question of like, can you transact?
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