Reuters: Major Hedge Fund collapsed

10:26 Moody's sees possibility of major hedge fund collapse, says big hedge fund collapse could disrupt markets - DJ

 

"Sees possibility of collapse" or "Hedge fund did collapse"?

 

Judging by this price action, we undoubtedly will see some news of collapses. I think the 'collapse' may have happened in the last two days.

Seeing every world carry trade unwind like this (nzd, jpy, aud) with a simultaenous forced liquidation is something.

 

The same Moody's that saw the crisis coming via their rating changes (NOT).

 

If it is just 1 major hedge fund, I would be surprised. I know several hedge funds, most of them "minor", that are down over 50% ytd.

 

GBPJPY dropped 500 overnight. Rumors that a large fund focused on Asia went down to the tune of $6B.

 

could collapse, big surprise. I just saved you the $900 cost of the press conference.

 

can't invoke total fear and panic now

 

Here's the Reuters "Article":

http://today.reuters.com/news/artic...TRIDST_0_HEDGEFUND-COLLAPSE-MOODYS-URGENT.XML

 

next lunch is on me, thanks