I found this great, easy to understand explanation of
what a Hedge Fund is and what they do. Hedge Funds are active right now and are behaving quite ruthlessly in global markets. He explains
heaps of other stuff too. Some of the best I've seen.
Four Corners last night was a ripper...if you missed it, you can watch it here at the Four Corners site:
What's Yours Is Mine.
BTW, Four Corners Next Monday night (8:30pm) looks pretty cool. Something about US and Australian economics. So I'm trying to get more up-to-speed with the basics before the show (just in case).
PS. I hope you all noticed the slide across all markets over the weekend.