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. What’s the valuation? RITHOLTZ: If you’re a long short fund at the very least, and David Einhorn and others very famously were short Lehman Brothers.
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