hedgefund hedgefund

Definition(s):

  • (n) a flexible investment company for a small number of large investors (usually the minimum investment is $1 million); can use high-risk techniques (not allowed for mutual funds) such as short-selling and heavy leveraging

News

  • Bank Employee Falls Asleep On Keyboard, Transfers €222,222,222.22 By Mistake

    Think only coked up and hyper hedgefund traders pose a systemic risk? As this AFP story reveals, somnolent, undercaffeinated tellers can be just as threatening to the global flow of funds. A "German bank employee fell asleep on his keyboard and accidentally transformed a minor transfer into a 222 million euro ($293 million) order, a court heard Monday. The Hessen labour court heard that the man ...
    on June 11, 2013     Source: Zero Hedge

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periphery periphery
/pə ˈrɪ fə ri /