Ron Insana's Hedge Fund Closure a Cautionary Tale
Posted Aug 22, 2008 12:09pm EDT by Henry Blodget in Investing, Newsmakers
Related: ^GSPC
Hedge funds used to be seen as a license to print money, but 2008 is shaping up to be the year the bubble burst. Earlier this month, former CNBC anchor Ron Insana folded Insana Capital Partners, the hedge fund he launched in 2006, while superstar investor Dan Benton announced that he's shuttering his $2 billion hedge fund Andor Capital Management in October.
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