How Hedge Funds Birthed The Language of Financial Catastrophe

How Hedge Funds Birthed The Language of Financial Catastrophe

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Bear Stearns may have perfected the art of the blowup, but hedge funds invented it. Not only that, they gave birth to the very language we use to describe it.
Bailout. Blowup. Collapse. Hedge fund parlance is a ready made goldmine for describing the fate of Bear Stearns.
The collapse of Long Term Capital […]