What's Bigger Than Cisco, Coke, Or McDonald's?
Hedge funds frighten me. If I were I CFO or CEO, I would be worried as these guys call the shots now. Look at how their influence was/is felt in such recent deals as MCI-Verizon-Quest and the entire Sears/K-Mart hook-up. Eddie Lampert made a $1B in pay last year as K-Mart and Sears are his hedge fund now. Hedge funds are great if you're one of their investors or you're looking to sell your company and bail, but given how little these funds are regulated and if they screw-up (see Long Term Capital Managment) they have the potential to put a serious drag on the capital markets.
What's Bigger Than Cisco, Coke, Or McDonald's?
What's Bigger Than Cisco, Coke, Or McDonald's?
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