NY Fed's Geithner on hedge funds

In a speech on 'Hedge funds and their implications for the financial system' given on 17 November Timothy Geithner of the Federal Reserve Bank of New York said investors and banks should take a hard look at the investment strategy, track record and risks associated with hedge funds as they become more accessible to the public.

In a keynote address to the National Conference on the Securities Industry, Timothy F. Geithner, said hedge funds have improved risk management since the collapse of Long

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