Hedge fund industry needs to take warnings of Occupy movement to heart

Tragic sequel


Consult the Oxford English Dictionary. Europe, and de facto, the rest of the world is living through a tragedy: an event causing great suffering, destruction and distress, such as a serious accident, crime or natural catastrophe.

While some may be inclined to see it as tragic-farce, no one is likely to be laughing if (when) the eurozone implodes. Hedge funds are clearly a pessimistic –or realistic – lot, with most managers clearly betting on a Greek exit of the union.

Even if somehow a major

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