Getting SACked

30 June 2008 By Richard Beales

Steven Cohen s $16bn hedge fund has cut its fixed income business down to the basics. For outofwork bankers hoping hedge funds will snap them up, it s an ominous sign. With chunks of the credit markets illiquid or discredited and leverage scarce, activity is withering.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)